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Brazil irons out its problems

With its own logistics chain, Vale is set to double its iron ore exports to China in fi ve years, but poor infrastructure is hampering other producers.
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The global fall in iron ore prices, caused by reduced Chinese demand, saw the value of Brazil’s exports of the commodity drop by 24.3% to US$1.91B in August, down from US$2.64B in August 2013, according to foreign trade department, Secex.
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