Vale increases pellet output by 3.24 times in H1

Friday, 30 July 2010 14:57:08 (GMT+3)   |  
       

The iron ore output of the world's largest iron ore miner, Brazil-based Vale, in the second quarter of 2010 amounted to 75.86 million metric tons, increasing by 27.7 percent year on year and up 9.8 percent compared to the first quarter of 2010, backed by the rise in global demand for iron ore. Meanwhile, Vale's iron ore output in the first half of 2010 totaled 144.92 million metric tons, rising 34.5 percent as compared to the first six months of 2009.
 
In the second quarter of this year, Vale's pellet output came to 12.65 million metric tons, rocketing by 197.7 percent year on year and up 20.6 percent quarter on quarter, while its pellet output in the first half of this year came to 23.15 million metric tons, rising by 224.4 percent year on year.
 
In the second quarter of 2010, Vale's metallurgical coal production grew by 47 percent year on year and by 5.3 percent quarter on quarter, reaching 755,000 metric tons, while in the first six months of this year its metallurgical coal output stood at 1.47 million metric tons, up 43.6 percent as compared to the corresponding period of 2009.
 
Vale's manganese ore output in the second quarter, on the other hand, declined 10.1 percent year on year to 494,000 metric tons - up 24.4 percent as compared to the previous quarter, while its ferroalloy production stood at 113,000 metric tons, up 4.19 times year on year and up 3.4 percent quarter on quarter. In the January-June period of 2010, the manganese ore output of Vale amounted to 891,000 metric tons and its ferroalloy production totaled 223,000 metric tons, increasing by 34.6 percent and 195.3 percent year on year respectively.
 
In the April-June period of this year, Vale produced 37,000 metric tons of nickel, declining by 37.8 percent year on year and up 12.2 percent compared to the first quarter of 2010, while in the first half of the current year, this figure amounted to 69,000 metric tons, down 44.1 percent year on year.

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