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flag Vale targets India’s growing iron ore and mineral demand, expanding partnerships and exploring a blending center.

flag Vale CEO Gustavo Pimenta identified India as a key growth market for iron ore and strategic minerals, citing rising steel production—expected to exceed 300 million tonnes in a decade—and increasing demand for clean energy and AI materials. flag Vale sold 10 million tonnes of iron ore in India last year and is exploring a blending center with Indian firms MMDC and Denny Ports, potentially on the eastern or western coast, following models in Malaysia and China. flag The company emphasized its role in supplying high-grade iron ore, nickel, and copper critical for decarbonization and technology, with long-term partnerships seen as central to its India strategy amid projected global mineral demand growth of five to six times current levels.

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