Tag: Vale iron ore production
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Brazil: Vale’s iron ore production rises 21% q-o-q in Q3CY22, full year guidance unchanged
Brazilian miner Vale recorded iron ore production at 89.7 million tonnes (mnt) in Q3CY2022 (July-September 2022), up 21% as against 74.11 mnt in Q2CY2022 (April-June 2022). The q-o-q upsurge is due to a rise in output in the Southern System. Production in the Southern System increased q-o-q primarily due to higher third-party buying and additional…