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VALE Vale SA

12.61
0.09 (0.72%)
04 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Vale SA NYSE:VALE NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.09 0.72% 12.61 12.67 12.45 12.65 23,144,400 00:30:38

Vale Boosts Production of Main Materials

20/10/2016 12:00pm

Dow Jones News


Vale (NYSE:VALE)
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From May 2019 to May 2024

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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.

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