Pick-up in real GDP growth to 5.7% yoy from 4.6% in March Quarter suggests economy may have bottomed out.
Improved post-election confidence to support recovery.
Economy has been struggling of late.
Current economic malaise suggests need for policy rethink after the election.
Long Harbour allows direct treatment of nickel concentrate, bypassing the need for smelting.
Vale poised to capitalise on high nickel price.
After slashing domestic prices 12.6% in July, Shenhua induced to increase them 2%.
International coal displaced short term.