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Vale: Brazil in 2017 to become the largest ore-exporting countries

Roberto Castello Branco, director of the global mining giant Vale, the investor relations department, said that until its in the state of Pará Amazon Caracas mine SerraSul iron ore production in 2017, Brazil will more than Australia, to become the world's largest iron oreexporting countries.
 
Branco said Serra, Sul, iron ore production capacity of 90 million tons, is expected to put into operation in 2016.
 
Pakistan, Australia iron ore shipments gap since 2008, began to expand in Australia this year than Brazil, the largest iron ore exporting countries. In 2011, Brazil accounted for 31% of the global iron ore seaborne trade, while Australia accounted for 42%.
 
At present, the CVRD and other Brazilian iron ore manufacturers, MMX, CSN, and iron resources companies are trying to rapidly increase iron ore production, competition with the Australian mines.
 
However, Brazil's iron resources company believes that Brazil will not return to the location of the world's largest ore exporting countries, the global iron ore exports will increase by 400 million tons in 2015, Australian exports are projected 693 million tons, accounting for the maritime market share 50% of Brazil's export volume is expected to be 444 million tons, the market share of only 33%.
 
Said the company CEO Jaime Nicolato7 month, Brazil is one of the most stringent environmental laws and national government agencies to distribute all kinds of permits a longer period, mining, railways, ports and other infrastructure construction projects to obtain a license than Australia long the maximum time of 2 years.



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