Tag: Vale results

Vale: Iron Ore & Pellet Production Falls in Q1 ; Cuts Guidance for CY20

Apr 18, 2020

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by

Monika Bajaj

in Fines/Lumps

Vale total iron ore and pellet production depicted fall by 24% to 66.5 MnT in Q1CY20 against 87.7 MnT in Q4CY19. The iron ore fines output witnessed drop to 59.6 MnT, down 24% on quarterly basis compared to 78.3 MnT in Q4 CY19. The production for the quarter stood below the production guidance of 63-68 MnT…