Global Mining: Bloomberg estimates Vale iron ore production at 83.3Mt in Q3

Brazillian Vale Iron ore Carajas mine
Brazillian Vale Iron ore Carajas mine

Vale will release tomorrow the production report for the third quarter of 2014. According to a survey by Bloomberg, the production of iron ore from Brazilian mining will be approximately 83.3 million tons, excluding the participation that Vale has in Samarco. The volume would represent an increase of 0.3% compared to the same period last year.(Source: Infomine)

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.