Tag: pellet output Q1CY25
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Brazil: Vale’s iron ore production drops in Q1CY’25, guidance remains unchanged
Pellet output drops amid limited feed availability Sales fall 19% q-o-q amid weather-related disruptions Brazilian miner Vale recorded total iron ore production of 67.7 million tonnes (mnt) in Q1CY’25, down sharply by 20.7% q-o-q from 85.3 mnt in Q4CY’24. The substantial drop was largely due to seasonal rainfall, particularly in the Northern System region, which…