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Iron Ore Rally continues as Vale Ordered to Evacuate Town



Iron ore futures reached fresh 4½ year highs on Friday with ongoing tumult for miner Vale SA expands the sharp metal's recent recent gains.

Benchmark iron ore with 62% iron content climbed 2.8% to $ 94.85 a metric ton, the highest since early August 2014, has risen more than 9% so far this week.

The price of iron ore continued to rise on Friday …


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