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20 Oct
08:43

Vale production rises, eyes reduced low-margin ore sales

Vale saw iron ore output increase in the third quarter, with nine-month performance also reflecting the miner’s production recovery plan and better weather conditions, Kallanish notes. The miner anticipates potential reduction in its production and sales of low-margin iron ore products during the rest of 2021 and also in 2022, depending on market conditions. “Our production and sales strategy prioritises value over volume, with a focus on maximis…
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