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One Reason Vale Stock is Falling Today

NEW YORK (TheStreet) -- Shares of Vale SA (VALE - Get Report) are down by 7.83% to $5.18 on Thursday afternoon, as fellow iron ore producer Rio Tinto (RIO) believes the raw material's recent rally from record low isn't sustainable.

Rio Tinto is the second largest exporter of iron ore, Bloomberg reports.

Iron Ore has jumped 55% since December on signs of better demand from China which is signaling economic growth in the Asian nation.

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