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Rio de Janeyo / Sao Paulo / Sao Paulo (Reuters) -Brazilian Miner Vale, produced 67.7 million metric tons of iron ore in the first quarter of 2025, a year ago, the company’s sales and exit report on Tuesday.
One of the world’s largest iron ore producers, Vale, heavy rain has affected the production of the production of Brazil in the northern mining complex.
Vale, which is expected in the first quarter, said Vale and predicted between 325 million tons and 335 million tons of iron ore in 2025, because the VGR1 and Kapanema mining projects
In the quarter, the iron ore increased by 3.6% to 66.1 million tons of 3.6% per year, the report, the report ensure the provision of reserves, he said that the secondary products were prioritized.
The average price of the fines of the Vale’s Iron Ore fines was a decrease of about 10% in the quarterfly in March 10% and the last quarter of 2024 by 2.4%.
In a note, Citi analysts, Citi analysts, in accordance with the expectations of iron ore and sales, Copper and Nickel said they beat their estimates.
“We appreciate the consensus of the consensus EBITDA,” Analysts, Alexander Hacking and Stefan Weskott, wrote that they expected the Fund after the results.
Vale will release the first quarterly gains on April 24.
Vale’s copper production, Voisey’s and Salobo and SOSSEGO operations in Brazil, in Brazil, DOisey’s strong performance in Bay Mine increased by about 90,900 tons of 11%. Copper sales increased by 6.6% to about 81,900 tons.
Nickel’s speech, about 43,900 tons, mainly about 43,900 tons, mainly in Brazil, higher performance in the Onca Puma and better performance in Canadian assets, said Vale. 38.9 thousand tons of nickel sold in the neighborhood, an increase of 17.5% per year.
(Sao Paul and Martha Nogueir Report in Rio de-Janeiro by Andre Romance; Regulation by Nataly Sinawski and Sonali Paul)
