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24 May

Vale foresees persisting ore tightness, raises volumes, quality

Brazilian mining firm Vale says it is currently focused on enhancing quality whilst gradually recovering its capacity. Vale pricing iron ore marketing manager Eduardo Mello Franco said at this week’s Singapore Iron Ore forum attended by Kallanish that the firm is eyeing to increase its iron ore production to 340-360 million tonnes/year by 2026 from 310-320mt this year. Its iron ore production is expected to increase to more than 360mt by 2030. The productio…
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Siew Mung Tan  |  Malaysia
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