Tag: vale iron ore sales
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Brazil: Vale’s iron ore production falls by 1% y-o-y in CY22
Brazilian miner, Vale, recorded iron ore production at 307.79 million tonnes (mnt) in CY22 (the calendar year 2022), down 1.6% as against 312.9 mnt in CY21. Iron ore sales also decreased by 1.5% to 268.8 mnt in CY22 from 272.93 mnt in CY21. Iron ore output in CY22 was nearly 2% lower y-o-y, owing mostly…