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30 Jan

Vale reports strong copper performance in Q4 2023

Brazilian mining giant Vale reported Tuesday a productive fourth quarter, with its copper production volume increasing 50% and its sales more than doubling year-on-year, Kallanish notes. The company produced 99,100 tonnes of copper during Q4. Throughout 2023, Vale produced a total of 326,600 t of copper – an on-year increase of 29%. The miner attributed its improved copper performance to a successful ramp-up at the Salobo 3 project in Brazil, as production …
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