12
Feb
08:34
Vale plans to produce more pellet in 2020
Brazil’s Vale tells Kallanish that it will produce more iron ore pellets year-on-year in 2020.
The iron ore mining major will produce 44 million tonnes of pellet this year, it confirms. This volume would be nearly 2.3mt more than the volume achieved in 2019. At the same time the miner foresees its iron ore production as being 63-68mt in the first quarter of 2020. This would be between 9.9mt and 6.1mt less y-o-y. In Q1 2019 Vale`s iron ore output was 72,…
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