Vale eyes 400 mnt iron ore output by early CY’23

Brazilian miner- Vale is on the track to produce 400 mn t of iron ore by the end of 2022 of early 2023, said company’s CEO Eduardo Bartolomeo. Currently, the company is producing about 1 mnt of ore daily. The miner has set iron ore production guidance of 310-330 mn t for CY’20.


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