Vale S.A. VALE reported iron ore production of around 82.5 million tons in the fourth quarter, down 2.4% year over year and 7.8% sequentially, primarily due to higher rainfall that restricted mining in deeper pits in Serra Norte, which is located in Vale's northern system. The companyâs total iron ore output was 315.6 million tons (Mt) for 2021, which was up 5.1% from prior-year levels. The company had earlier stated that it anticipates 2021 production to fall within the lower half of its e...
>>> Read more: Vale's (VALE) Q4 Iron Ore Production Down 2% Y/Y, Shares Fall
>>> Read more: Vale's (VALE) Q4 Iron Ore Production Down 2% Y/Y, Shares Fall
