RIO News: Vale Reports Y/Y Increases in Iron Ore, Copper & Nickel Output in Q3 - 18th Oct 2024, 2:14am

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Vale S.A. VALE reported iron ore production of around 91 million tons (Mt) for the third quarter of 2024, reflecting a 5.5% increase from the year-ago quarter. This marks VALE’s highest output since the fourth quarter of 2018, driven by improved operating performances at Itabira and Brucutu.

During the quarter, the S11D mine produced 22.1 Mt of iron ore, a 14% year-over-year increase. This was the seventh quarter of a year-over-year production improvement delivered by the mine, bolstered b...

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