Vale copper production drops 13% y-o-y in Q1

Vale’s copper output in the first quarter of 2018 was 13.2% lower on an annual comparison, reflecting the company’s decision to place some mines on care and maintenance and lower ore grades obtained at Salobo mine in Brazil.

Vale’s copper output in the first quarter of 2018 was 13.2% lower on an annual comparison, reflecting the company’s decision to place some mines on care and maintenance and lower ore grades obtained at Salobo mine in Brazil. Production came to 93,300 tonnes in the first three months of the year, compared with 107,500 tonnes in the same period last year, the Brazilian diversified miner said on Monday April 16. Copper output...

Published

Danielle Assalve

April 16, 2018

17:58 GMT

São Paulo