Surge in Q4 output, S11D start-up help Vale achieve record iron ore production in 2016

Iron ore output at Brazilian mining major Vale increased by 4.50% year-on-year in the fourth quarter of 2016, contributing to a new annual production record.

The quarterly output record of 92.39 million tonnes in October-December 2016, up from 88.41 million tonnes in the same quarter a year earlier, was helped by improved operational performance and the official start-up of its 90 million-tpy S11D project in Brazil’s Carajás region in December, Vale said on Thursday February 16. For 2016 overall,...

Published

Ana Paula Camargo

February 16, 2017

14:07 GMT

São Paulo