World's largest iron ore producer borrows US$1.2 billion from PRC banks

    October 13, 2010 | BY

    clpstaff &clp articles

    Vale, the world's largest producer of iron ore, has secured a US$1.2 billion shipping loan from Export-Import Bank of China and Bank of China. Vale plans…

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    Vale, the world's largest producer of iron ore, has secured a US$1.2 billion shipping loan from Export-Import Bank of China and Bank of China. Vale plans to use the loan