By Stephen Eisenhammer, Senior Contributing Reporter
RIO DE JANEIRO, BRAZIL - Vale, the Brazilian mining giant and the world’s largest iron ore exporter, said Friday that it expected a resolution to the impasse surrounding the access of its giant vessels, known as the Valemax, to Chinese ports within the coming months.
The company’s Valemax, also referred to as very large ore carriers (VLOCs), which can carry 400,000 metric tons of iron ore, have been banned from entering . . .