You are here


Vale signs iron ore shipping deal with Cosco

Move could help miner resolve ban on its ships in China

[RIO DE JANEIRO] Vale SA reached a deal with China Ocean Shipping Co (Cosco) for transporting iron ore, a move that could help the Brazilian miner resolve a costly two-year ban on docking its mega-ships at Chinese ports.

Vale said in a statement that it would transfer ownership of four...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to