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11 Feb
08:50

Vale's 2021 production increases, foresees further 2022 growth

Vale saw iron ore output and sales decrease sequentially in the fourth quarter, but full-year performance recovered strongly, Kallanish notes. The miner anticipates a potential further increase in production and sales in 2022. Vale ended 2021 with around 340 million tonnes of iron ore production capacity and expects this to be up to 370mt by the end of 2022. This will be possible after the ramp-up of tailings filtration plants at the Itabira and Brucutu mines duri…
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