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Vale to produce 340- 360 million mt/year iron ore by 2026: CEO

February 23, 2024 Comments Off

Brazilian miner Vale expects to achieve annual iron ore production of 340-360 million mt by 2026, as it proceeds with expansion after recently stabilizing its operations, company CEO Eduardo Bartolomeo said Feb. 23. In 2023 Vale produced 321 million mt of iron ore, 4% up from 2022 and slightly above guidance of 310-320 million mt, with December seeing the highest…