Tag: Brazil iron ore miner performance
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Brazil: Vale’s iron ore output rises 3% y-o-y in Q1CY’26; guidance remains steady
Pellet output recovers on improved feed availability Sales rise 4% y-o-y in line with higher production Brazilian miner Vale reported iron ore production of 69.7 million tonnes (mnt) in Q1CY’26, up 3% y-o-y from 67.7 mnt in Q1CY’25. The increase was supported by the ramp-up of new projects and improved operational performance, although seasonal rainfall…