Aussie economy and miners to profit from Brazil’s COVID-19 outbreak

Aussie economy and miners to profit from Brazil’s COVID-19 outbreak

The Australian economy and its largest iron ore miners — BHP, Rio Tinto and Fortescue Metals — are set to benefit from Brazil’s misfortune once again.Key points:Vale is one of the world’s biggest iron ore minersA judge ordered Vale to close three of its mines after a COVID-19 outbreakReduced iron ore supply will benefit Australian miners, despite…

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