Vale Reports Best Iron Ore Production Performance Ever For Q2

Mineweb reported today that Vale (NYSE:VALE) has reported its strongest ever iron ore production for the second quarter of 2014. Operational performance was bolstered by good weather and plant ramp-ups, according to Mineweb.

As quoted in the publication:

The Brazilian miner reported 79.4 million tons of iron ore production in the second quarter of this year, up 12.6% over 70.6 million tons in the second-quarter 2013. For the first half of the year, the company reported 150.51 million tons of iron ore output, up 11.1% over 135.43 million tons of iron output for the first half of last year, thus increasing Vale’s confidence in achieving its 2014 production target of 321 million tons.

Click here to read the full Mineweb article.

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