Iron ore production up 2% to nearly 328 million metric tons in 2024 In Q4, iron ore production down 4.6% and sales down 10% Vale prioritized production of higher-margin iron ore products in Q4 SAO ...
Vale said the decline followed its decision to prioritize the output of higher-margin iron ore products, which led to lower production from its Southern System operations in Brazil, which produce ...
Vale’s iron ore production faltered in the last quarter of 2024, mirroring the slump in the capesize bulker sector. Output at the Brazilian mining giant, whose volumes power the benchmark Brazil to ...
Brazilian miner Vale posted on Tuesday its highest annual iron ore production since 2018, even after a decline in output in the fourth quarter when the company prioritized higher-margin products.