20
Dec
09:59
Samarco exceeds production target, 2023 outlook positive
Brazilian iron ore miner and pellet producer Samarco, co-owned by Vale and Australia's BHP, says it surpassed 7.5 million tonnes of output in January-November. This volume is 5.6% higher when compared to a year earlier, Kallanish notes.
During the last 11 months, the company has also improved its presence in foreign markets. Samarco has made 77 shipments, with supplies to Asia having a 40% share. The miner has also placed its pellet in the Americas, European, …
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