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Brazil's Vale Iron Ore Production Increases

By Jeffrey T. Lewis SAO PAULO--Brazilian mining giant Vale SA (VALE3.BR) said Monday that production in the second quarter increased as production at its mammoth S11D mine in northern Brazil continued to rise. The company, the world's biggest iron ore producer, said output of the ore reached 96.8 million metric tons in the quarter, an increase of 18.1% compared with the first quarter, and a rise of 5.3% from the second quarter of 2017...