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25 Feb
09:02

Vale’s Mid-East shipments jump sequentially in fourth quarter

Vale’s iron ore and pellet shipments to the Middle East jumped 245.8% on-quarter to 1.68 million tonnes in the fourth quarter of 2021, versus only 486,000t in Q3. However, they declined from 2.06mt in Q4 2020, the Brazilian-headquartered miner says in its fourth-quarter report. The company's Oman subsidiary increased pellet production in Q4 by 21% on-quarter and 50% on-year to 2.62mt. Full-year 2021 production reached 8.17mt versus 7.62mt in 20…
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