Brazil-based miner Vale has announced its operational results for the third quarter of the current year, reporting iron ore production of 104.95 million mt, rising by 8.5 percent compared to the second quarter. In the third quarter, Vale’s pellet production totaled 13.88 million mt, up by 8.1 percent compared to the previous quarter. Vale achieved record sales of iron ore and pellet for a quarter of 98.2 million mt, up 13.5 percent quarter on quarter, due to the solid production performance in the given quarter.
In the third quarter this year, Vale's nickel production decreased by 15.9 percent quarter on quarter to 55,700 mt.
Meanwhile, in the given quarter, Vale’s coal production amounted to 3.2 million mt, increasing by 11.3 percent compared to the second quarter. Vale said that as a result of the ongoing implementation of these structural changes, coal production guidance is approximately 12 million mt in 2018.
