Tag: vale iron ore production and sales
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Brazil: Vale’s iron ore production rises by 4% y-o-y in CY’23
Brazilian miner, Vale, recorded iron ore production at 321.15 million tonnes (mnt) in CY23 (the calendar year 2023), up by 4.3% as against 307.79 mnt in CY22. The production was above the previous 315 mnt guidance as a result of: (i) continued initiatives to improve asset reliability at S11D; (ii) solid performance at Itabira and…