Vale mulls move as COVID-19 closes in

BRAZILIAN miner Vale is bracing for impact at its distribution centre in Malaysia as the South East Asian country goes into lockdown for two-weeks under an official Restriction of Movement Order in response to the COVID-19 pandemic.

Vale mulls move as COVID-19 closes in Vale mulls move as COVID-19 closes in Vale mulls move as COVID-19 closes in Vale mulls move as COVID-19 closes in Vale mulls move as COVID-19 closes in

Vale's Teluk Rubiah maritime terminal in Malaysia could be shut down

The news is potentially good for Australia's iron ore miners because it is another hiccup for one of their biggest competitors.