The Brazilian mining major produced 88.68 million tonnes of iron ore in the third quarter, up by 2.3% from the 86.70 million tonnes produced a year earlier, and 31.2% higher than the preceding quarter’s output of 67.60 million tonnes.
The higher production reflects improved performance at its Northern System, the resumption of its Itabira
units in June and the restart of its Fazendão
mine in July.
Vale has been gradually ramping up its production since it was forced to halt several mines following...