Articles Tagged "Vale"

Rio, BHP, Vale Could be “doing a China”

Iron – It's no surprise that producers such as Rio Tinto (NYSE:RIO) BHP Billiton (NYSE:BHP) and Vale (NYSE:VALE) seem to be deliberately continuing to expand their iron production in order to push down prices and drive smaller companies out of the iron market. Lawrence Williams of Mineweb likened the strategy to moves made by China in recent years, which have allowed the country to dominate the production of certain metals and resources.