Industrial Minerals


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Vale kaolin and potash rebounds

11 February 2010

by Mark Watts

Brazilian mining giant reports stronger Q4 for industrial minerals revenue

Keywords: Vale, kaolin, potash, fertiliserm phosphate, Bunge

Vale SA reported increased revenues for its kaolin and potash businesses in Q4 as the Brazilian mining giant showed signs of a recovery from the global downturn.

The group posted a 7% year on year increase in kaolin operating revenue in Q4 to $48m. as lower volumes were offset by higher prices.

The average sales price for kaolin was $214/tonne compared...