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Brazilian Mining Giant Will Survive The Iron-Ore Price Collapse

Views : 131
Update time : 2022-01-10 20:49:25
  • The default of the Chinese real estate developer Evergrande has caused a collapse in the iron ore prices over fears of future lack of demand.
  • That collapse triggered a significant sell-off of mining companies involved in the iron ore business.
  • The unfortunate sequence of events has created an interesting buying opportunity for anyone who believes the fears are somewhat overblown.
  • For income-seeking investors looking to exploit this, Vale could be one of the better investment opportunities of the year.
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