15
Oct
13:27
Vale registers third-quarter production and sales record
Brazil’s Vale continues to grow iron ore production and break its own records. The miner set an all-time record for iron ore output in the third quarter following the previous milestones set in Q1 and Q2. It has retained its output targets of 390 million tonnes and near 400mt in 2018 and 2019 respectively.
Vale produced 104.9mt of iron ore in Q3, or 9.8mt more year-on-year, Kallanish notes from the company's quarterly production report. …
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