Please take notice, this is massive news out of Brasil:
Brazil court tells Vale to halt its largest Minas Gerais mine
https://mobile.reuters.com/article/amp/idUSKCN1PT1F7
and that from ABC news mentioned above:
"A decision by the Brazilian courts to shut down an additional 30 million tonne per annum (Mtpa) capacity while additional safety checks are undertaken at another Vale mine could see prices jump again".
"An additional supply disruption of around 30Mtpa could see iron ore prices spike above US$100/tonne. That would be the highest price since to boom times in early 2014."
Please take notice, this is massive news out of Brasil: Brazil...
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