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Vale S.A. VALE reported iron ore production of around 85 million tons (Mt) for the fourth quarter of 2024, which was 4.6% lower than the year-ago quarter, reflecting a shift toward higher-margin products.
However, VALEâs iron ore production for 2024 reached 328 Mt, in line with its latest provided guidance. Compared with 2023, iron production was up 2% and was the highest since 2018.
Digging Deeper Into Valeâs Iron Ore Production Numbers
The decline in iron ore production seen in th...
>>> Read more: Vale Q4 Iron Ore Output Declines Y/Y, Copper & Nickel Rise
However, VALEâs iron ore production for 2024 reached 328 Mt, in line with its latest provided guidance. Compared with 2023, iron production was up 2% and was the highest since 2018.
Digging Deeper Into Valeâs Iron Ore Production Numbers
The decline in iron ore production seen in th...
>>> Read more: Vale Q4 Iron Ore Output Declines Y/Y, Copper & Nickel Rise
