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Vale to produce up to 335Mt of iron-ore in 2025

  • Wednesday, December 4, 2024
  • Source:ferro-alloys.com

  • Keywords:iron ore, steel
[Fellow]Vale said on Tuesday it expects to produce between 325-million and 335-million metric tons of iron-ore in 2025, following an output of about 328-million tons this year.

[Ferro-Alloys.com] 

Vale to produce up to 335Mt of iron-ore in 2025

Vale said on Tuesday it expects to produce between 325-million and 335-million metric tons of iron-ore in 2025, following an output of about 328-million tons this year.

The Brazilian company reiterated it expects to keep increasing iron-ore output in the coming years, estimating it to reach between 340-million and 360-million tons in 2026 and about 360-million tons in 2030.

Vale said it has started commissioning the so-called Capanema project at its Mariana complex, aiming to add about 15-million tons a year of iron-ore, "an important milestone towards achieving the iron-ore production guidance in 2026."

  • [Editor:邢亞敏]

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