Vale ‘sticking to’ 400 million mt/year 2022 iron ore run-rate; ‘flexible’ on further expansion

Vale is “sticking to” plans to produce at a run-rate of 400 million mt/year iron ore in 2022, should the market need this, and will exercise its “value over volume” mantra in further planned mine expansions, company executives said July 30. The planned 2022 run-rate will compare to the company’s...

https://www.hellenicshippingnews.com/vale-sticking-to-400-million-mt-year-2022-iron-ore-run-rate-flexible-on-further-expansion/