16
Jul
13:28
Vale registers second-quarter production and sales record
Brazil’s Vale increased iron ore production and sales in January-June, setting an all-time record for any second quarter. The company’s iron ore output target for 2018 remains unchanged at 390 million tonnes.
Vale produced 96.7mt of iron ore in Q2. This is up by 5.3% on-year and takes first-half-of-2018 output up 0.4%, Kallanish notes from the company's quarterly production report.
The new production record was achieved despite the n…
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