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Vale CEO Says Metals Demand Is Robust Despite Conflict With Iran

Posted

June 9, 2026

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Gustavo Pimenta, CEO of Vale, says that conflict with Iran has not impacted global demand for metals from the top iron ore producer. Pimenta also discussed the impact of the war on its sites in Oman, saying that he remains optimistic about the facility's future despite having to shut down production during the conflict.

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Vale CEO Says Metals Demand Is Robust Despite Conflict With Iran · Bloomberg Television · Sentinel