08
May
11:23
Vale on track to reach ore production target
Brazilian miner Vale is on track to reach 340-360 million tonnes of iron ore production by 2026, Kallanish notes.
The firm's pricing market manager, Eduardo Mello Franco, said at the Singapore Iron Ore Forum on Wednesday that its current main projects, including Vargem Grande, Capanema and S11D, are expected to add 50m t/year of iron ore capacity from 2024 to 2026.
According to him, these projects will likely boost its iron ore production from 315mt in 2023 a…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous