Vale Reports Annual Production Records in Copper, Gold, and Highest In Nickel Output since 2008 in 2014

Published: Feb 27, 2015 09:56

Save

Vale S.A. (Vale) achieved several production records, and also reduced capital expenditures by another $2.254 billion in 2014, the company said in its performance report.

SHANGHAI, Feb. 27 (SMM) – Vale S.A. (Vale) achieved several production records, and also reduced capital expenditures by another $2.254 billion in 2014, the company said in its performance report.

In 2014, its output of iron ore, copper and gold was 331.6 million tonnes, 379,700 tonnes and 321,000 oz, respectively, all annual production records.

Over the year, the company also reported the highest annual production in nickel since 2008, producing 275,000 tonnes, according to its report.

The company also registered record sales volumes of iron ore and pellets (313.6 million tonnes) and gold (351,000 oz), and the highest sales volume of nickel (272,000 tonnes) since 2008, it noted.

In 2014, the company also completed eight capital projects, negotiated a key partnership for our coal operation in Mozambique and still paid $ 4.2 billion in dividends while preserving a healthy capital structure.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

2014 financial results vale

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

14 hours ago

[SMM Analysis] Detailed Data on China's Sulphuric Acid Production in August

NBS data shows that China's sulphuric acid (100% equivalent) production in August was 7.984 million mt, down 308,000 mt from 7.676 million mt in July, a YoY decline of 15.5%. The cumulative production of sulphuric acid (100% equivalent) in 2026 was 68.141 million mt, a cumulative YoY decline of 4.6%.

14 hours ago

19 hours ago

[SMM Flash] China's Sulphuric Acid Production Data for August

NBS data shows that China's sulphuric acid (100% equivalent) production in August was 7.984 million mt, down 308,000 mt from 7.676 million mt in July, a YoY decrease of 15.5%. The cumulative production of sulphuric acid (100% equivalent) in 2026 was 68.141 million mt, a cumulative YoY decrease of 4.6%. The top five regions by production were Yunnan province (1.1927 million mt), Anhui province (698,700 mt), Shandong province (680,600 mt), Henan province (570,200 mt), and Guangxi Zhuang Autonomous Region (568,800 mt). For detailed data, please refer to SMM Data.

19 hours ago

[SMM Analysis] China Sulphur and Sulphuric Acid Import and Export Data for August

In August 2026, China's total monthly sulphur imports were 272,323.414 mt in physical content, down 29.34% MoM and down 65.03% YoY, with the main import sources being the UAE, South Korea, Canada, Japan, Kazakhstan, Vietnam, Singapore, and the Philippines. China's total monthly sulphur exports were 48 mt in physical content, down 96.34% MoM and up 26.32% YoY, with the main export destinations being Indonesia and South Korea. China's total monthly sulphuric acid imports were 9,938.436 mt in physical content, up 831.85% MoM and up 1,051.37% YoY, with the main import sources being South Korea, Taiwan, China, Germany, and the US. China's total monthly sulphuric acid exports were 2,474.46 mt in physical content, up 153.47% MoM and down 99.43% YoY, with the main export destinations being Angola, Ghana, Cambodia, Hong Kong, China, Vietnam, Singapore, Malaysia, and Tanzania.

19 hours ago