Home / Metal News / Vale Sees Highest First Quarter Iron Ore Production in 1Q 2016

Vale Sees Highest First Quarter Iron Ore Production in 1Q 2016

iconApr 21, 2016 10:22
Source:SMM
In 1Q 2016, Vale S.A. (Vale) reported the highest first quarter production of iron ore in the company’s history, according to its e-mail to SMM.

SHANGHAI, Apr. 21 (SMM) – In 1Q 2016, Vale S.A. (Vale) reported the highest first quarter production of iron ore in the company’s history, according to its e-mail to SMM. 

Vale’s iron ore production, including third party purchases and excluding Samarco’s attributable production, was 77.5 million tonnes in 1Q 2016, a record for the company’s first quarter production. 

China Iron Ore to Keep Rising This Week, SMM Says

But, the output was 10.9 million tonnes lower than in 4Q 2015 due to weather-related seasonality, but 0.1 million tonnes higher than in 1Q 2015.  

Average Fe content decreased slightly from 63.7 per cent in 4Q 2015 to 63.5 per cent in 1Q 2016 due to mine plan adjustments in the Southern and Southeastern systems as a response to the increase in market premiums for Vale’s iron ore fines with higher silica content.

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

China iron ore price
iron ore prices
vale
iron ore production

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

Related news

SMM Events & Webinars

All