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28 Jul
12:04

Vallourec to tap higher-quality Brazilian iron ore reserves

Production sold from pipemaker Vallourec’s Pau Branco iron ore mine is expected to reach approximately 3.6 million tonnes in the second half of 2023. Production costs should remain at the high end of the recent range. “We are currently executing a plan to move our extraction activities to already identified higher-quality reserves over the next few quarters. Vallourec management is currently engaging with state and national regulators to obtain the req…
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