Iron ore output from Brazil's Vale slid 4.6% in 4th quarter

Vale's Q4 iron ore output fell 4.6% but full-year hits best level since 2018
Vale (NYSE:VALE) reported Tuesday its annual iron ore production in 2024 reached its highest since 2018, despite a drop in Q4 output, saying its full-year performance was marked by greater operational stability and the start-up of key projects.
Iron ore output from Brazil's Vale slid 4.6% in fourth quarter
Iron ore production from Brazilian miner Vale fell 4.6% during last year's fourth-quarter compared to the same period a year earlier, settling at 85.3 million metric tons, the company reported on Tuesday.
Vale Shares Shed $17 Billion as Iron Ore Slump Foils Turnaround
A weaker China economy and battered iron ore prices have helped drive down Vale SA’s stock, making investors wary of uncertainties plaguing one of the world’s top suppliers of the steelmaking ingredient.
Iron ore output from Vale slid 4.6% in fourth quarter
Iron ore sales fell some 10% in the fourth quarter from a year earlier to 81.2 million tons, Vale said, adding that it decided to reduce sales of high silica products in the quarter to improve all-in premiums.
Vale posts highest annual iron ore output since 2018 despite fourth-quarter slide
By Andre Romani and Marta Nogueira SAO PAULO/RIO DE JANEIRO (Reuters) -Brazilian miner Vale posted on Tuesday its highest annual iron ore production since 2018, even after a decline in output in the fourth quarter when the company prioritized higher-margin products.
Vale’s Iron Ore Output Climbed to a Six-Year High in 2024
Brazilian miner Vale SA churned out 327.7 million metric tons of iron ore in 2024, the highest in six years, though fourth-quarter production came in slightly below expectations.
Rio Tinto: Set For A Better 2025 And Attractive Yields Despite Iron Ore Challenges
Rio Tinto's lithium push and copper growth create strong upside potential. Find out why RIO stock remains appealing despite ...
Mining1d
Dalian iron ore set for monthly gain on resilient steel demand, US-China trade optimism
The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 1.06% higher at 810.5 ...
Fortescue offers $254m for nearby Pilbara iron ore deposit
Billionaire Andrew Forrest’s Fortescue has launched an off-market bid to acquire Red Hawk, the owner of a key iron ore ...
Stockhead on MSN23h
Resources Top 5: Fortescue splashes cash on $254m iron ore takeover target Red Hawk
Fortescue has made a $254m takeover bid for iron ore developer Red Hawk Mining, owner of the Blacksmith project in WA's ...
Fortescue’s Iron Ore Shipments Rose
The world’s fourth-biggest iron-ore producer reported a rise in second-quarter iron-ore shipments and said first-half exports ...
Rio Says Storm Damage at Port to Impact Iron Ore Shipments
Rio Tinto Group, the world’s biggest iron ore exporter, warned shipments of the steelmaking material will be impacted this ...
WDIO20m
Another milestone for a pioneering green iron plant for the region
Another federal funding boost for a first of its kind green iron plant in the works for the region, which is being spearheaded by UMD researchers and more.
Hosted on MSN14h
Bulk Buys: As iron ore outlook fades, majors gain more control in the Pilbara
Fortescue emerged as the 'logical' acquirer of the Blacksmith iron ore project in the Pilbara amid bearish iron ore forecasts ...