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18 Oct
07:27

Vale’s third-quarter ore, pellet production rises

Brazil’s Vale saw iron ore and pellet output increase quarter-on-quarter in the third quarter of 2023, Kallanish notes. Ore production, however, was weaker year-on-year. “Our performance decreased on-year, mainly due to lower run-of-mine production from the Paraopeba complex and lower output from Serra Norte,” the miner observes. Vale, however, highlights that its overall quality has improved with Fe content increasing 87 bps on-year. This r…
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