U.S. Markets closed

What Will Drive Vale’s Iron Ore EBITDA?

Annie Gilroy
What Will Drive Vale’s Iron Ore EBITDA?

Vale (VALE) has changed its product portfolio and quality in iron ore according to market demand. Vale made the major shift to selling high-quality ore in 2017, as China’s fight against pollution intensified, resulting in a huge variance between high-grade and low-grade material.