Brazil is currently facing relentless heavy rains fueled by the Madden-Julian Oscillation (MJO). But as this mighty weather system begins to wane, drier conditions are expected to settle in as we approach the New Year-raising serious concerns for agriculture and water supplies, experts warn
Vale has announced a dip in iron ore production for the first quarter, primarily attributed to the heavy rains sweeping across Brazil that have hampered mining activities. This weather-related disruption poses significant challenges for the company as it strives to sustain its production levels. With these adverse conditions in play, concerns are mounting regarding future supply stability.
