Tag: Vale iron ore production
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Brazil : Vale Iron Ore Production Drops 12% Q-o-Q in Q1 CY’18
Vale, the world’s largest iron ore producer reported decline in Q1 CY’18 iron ore production. The production was recorded at 81.95 MnT, down 12% Q-o-Q as against Q4 CY’17 at 93.36 MnT. The decline in production is owing to reduction in low grade ore production besides intense rainy season. On yearly basis, the production recorded…