A summary of Brazilian mining company Vale's financial results for the second quarter of 2020, as stated in its earnings report released on Wednesday July 29.
In briefFerrous division: Iron ore fines' realized price - after adjustments on both a cfr and fob basis - was $88.90 per tonne in the second quarter, down by 6% from $94.60 per tonne a year before. Pellet's realized price was $129.40 per tonne in the same quarter, falling by 12% year on year from $147.10 per tonne. Cash costs for iron ore fines reached $17.10...