21
Jul
15:01
Vale's Oman plant output plunges in second quarter
Vale’s Oman-based iron ore pelletising plant posted a -24% on-year decline in production to 1.85 million tonnes in the second quarter, Kallanish learns from the Brazilian miner. This was also down -4% from Q1.
Iron ore pellet output in the first half of the year thus fell -13% on-year to 3.78mt. This was steeper than Vale’s consolidated pellet output decline in H1 of -9% to 21.53mt. One of the Oman plant’s two pelletising modules was shut down …
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