The outlook is based on seasonality, the gradual and safe return of operations and in line with the miner’s margin-over-volume strategy, the miner said on Monday November 11.
Vale expects to sell 83-88 million tonnes of iron ore in the October-December period, compared with 96.4 million tonnes in the last three months of last year.
Its sales guidance for the whole of 2019 is 307-312 million...