Reuters reported that Brazilian miner Vale is selling iron ore about as fast as it can mine it despite a slowdown in the economy of China.

Mr Viktor Moszkowicz head of investor relations at Vale said demand from the Asian giant was firm.

Mr Moszkowicz while speaking at the Rio Investors' Day investment seminar said "We don't have any problem concerning orders, we continue to sell all the amounts the company is producing. The scenario we see continues positive.”

He was responding to questions about news that Chinese buyers were requesting delays to deliveries of orders they had made.

Source - Reuters

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