Australian iron ore stocks have responded strongly following news that Brazilian courts have again stopped operations at Vale’s Brucutu mine.
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BHP, Rio Tinto share prices dip after Vale mine restart approval
Brazilian iron ore miner Vale has been granted governmental permission to reopen the Brucutu iron ore mine in the state of Minas Gerais, Brazil.
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Fortescue, Rio Tinto prices rally as Vale declares force majeure
Australian iron ore majors such as Fortescue, BHP and Rio Tinto have all seen a significant boost to their share prices while Brazilian company Vale's has dropped significantly.
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