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25 Feb
11:02

Vale's 2015 Middle East shipments rise 12%

Brazilian iron ore miner and pellet producer Vale reported an -11% on-year decline in sales in the Middle East to 2.095 million tonnes in the fourth quarter of 2015, Kallanish learns from the firm. Shipments in the Middle East in full-year 2015, however, increased 12% versus 2014 to 9.75mt. The region’s share in Vale's overall 2015 deliveries thus increased by 0.1 percentage point to 2.9%. Vale’s gross operating revenue in the Middle East was nev…
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