Vale Boosts Production of Main Materials
October 20 2016 - 7:00AM
Dow Jones News
By Rogerio Jelmayer
SÃO PAULO -- Brazilian mining giant Vale SA saw a widespread
increase in the production of its main materials, in the third
quarter.
Vale, the world's largest iron-ore mining company, on Thursday
said it produced 92.09 million tons of iron-ore in the
July-to-September period, up 1.5% from a year earlier. Compared
with the second-quarter, the company's production of iron ore
increased 6.1%.
Vale's output of nickel -- of which it is also the world's
largest producer -- rose 6.1% in the third-quarter to 76,000 metric
tons. Production of copper was up 12.2% in the quarter at 101,400
tons.
Meanwhile, the company's coal output increased 13.2% in the
quarter to 2.3 million tons.
Write to Rogerio Jelmayer at rogerio.jelmayer@wsj.com
(END) Dow Jones Newswires
October 20, 2016 06:45 ET (10:45 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
Vale (NYSE:VALE)
Historical Stock Chart
From Aug 2024 to Sep 2024
Vale (NYSE:VALE)
Historical Stock Chart
From Sep 2023 to Sep 2024