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  • Brazil's Vale to offer new low alumina iron ore by end Q2

    Vale the world's largest iron ore exporter, will offer a new product -- Sinter Feed Low 

    Alumina  on  the  spot  market  this  year, a company official said at a major iron ore 

    conference inSingapore Thursday. 


    Sinter  Feed  Low Alumina, or SFLA will be one of the lowest alumina content traded 

    ores and this is a good fit given the reduced availability of Chinese domestic concen

    trates, said Luiz Meriz, Vale's International S.A. Marketing Director, Iron Ore. 

    A  company  source  said this new product will have iron content of around 62% and 

    come from the southern system in Brazil. 


    "The alumina content of this product will be slightly below 1% and the silica is aroun

    7%. It will be offered by end June, and will be sold on a spot basis," said the sourc

    e. 


    The same source added this new product will be first sold to China, the world larges

    steel producer, and could gradually be sold to other end-users in other part of the 

    world. 


    "The Japanese buyers are looking for low alumina ores," said the source.

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