Dependence on ChinaDependence on ChinaDependence on China
Vale built giant "Valemax" ships to reduce its shipping cost while placing the company in better position to compete with Austrailian companies Rio Tinto and BHP Billiton. But, Chinese government banned Valemax ships from docking at its port citing threats to domestic freight industry.
Do you think mining companies like Vale will ever have their say in front of China? What should their strategy be going forward?
Read our article on
how mining companies are facing political risks.
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Dependence on China
Dependence on China
Dependence on China
Vale built giant "Valemax" ships to reduce its shipping cost while placing the company in better position to compete with Austrailian companies Rio Tinto and BHP Billiton. But, Chinese government banned Valemax ships from docking at its port citing threats to domestic freight industry.
Do you think mining companies like Vale will ever have their say in front of China? What should their strategy be going forward?
Read our article on how mining companies are facing political risks.