Author: P Anjali
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Brazil: Vale’s iron ore production falls 6%, y-o-y, in Q1CY’22, guidance intact
Brazilian miner Vale recorded total iron ore production at 63.93 million tonnes (mnt) in Q1CY’22, down 22% as against 82.47 mnt in Q4CY’21. The q-o-q fall-off is largely explained by licensing delays in Serra Norte, higher jaspilite waste occurrence in the ore body coupled with the tie-in effect of the installation of two primary crushers.…