AT A GLANCE: Vale's Q3 iron ore output up 0.8%, shipments rise 2.2%

A summary of Brazilian miner Vale’s iron ore results for the third quarter of 2021, as stated in its latest production and sales report published on Tuesday October 19.

In brief • Vale produced 89.4 million tonnes of iron ore fines in July-September, up by 0.8% year on year and 18.1% higher compared with April-June. • It attributed the increases to high production at its Serra Norte and S11D operations with improved weather, an increase in dry-processing production at Vargem Grande, improved performance at Itabira in relation to run-of-mine availability, more third-party purchases, and its Fábrica project reaching its full capacity...


Alice Li

October 20, 2021

05:23 GMT