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Vale's iron ore production decreased in the first quarter

The iron ore production of the Brazilian company Vale S.A. decreased in the first quarter of this year.

Vale's iron ore production decreased in the first quarter

According to the data, Vale's iron ore production in the first quarter of 2023 amounted to 66.774 million tons, down by 17.4% from the previous quarter.

The company's iron ore pellet production increased by 0.7% q-o-q to 8.3 million tons.

The company reported that its target for 2023 is to produce 310-320 million tons of iron ore and 36-40 million tons of iron ore pellets.

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