Vale to raise iron ore pellet output by 10% in 2018 to meet strong demand

Vale is increasing its iron ore pellet production to respond to strong market demand, ferrous minerals and coal executive director Peter Poppinga said at the Brazilian miner’s annual investor day at the New York Stock Exchange (NYSE) on Wednesday December 6.

For 2018, the company’s pellet output is expected to reach around 55 million tonnes, up from 50 million tonnes this year.

Also, the firms intends to achieve total pellet...

Published

Ana Paula Camargo

December 06, 2017

18:48 GMT

São Paulo