Vale diversifies away from iron ore despite strong China demand

Continued Chinese efforts to reduce pollution will boost demand for Vale's high quality iron ore, the Brazilian miner's chief executive said on Tuesday, even as the world's top iron ore producer seeks to diversify away from the metal. China's aggressive campaign to clean its skies by clamping down on polluting steel mills has fuelled a need for high-grade iron ore to boost productivity and limit emissions, opening the door wider for suppliers of better quality ore to the world's biggest buyer. 
 

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