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Market Chatter: Vale to Keep 2025 Iron Ore Production Steady
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Market Chatter: Vale to Keep 2025 Iron Ore Production Steady
Dec 3, 2024 6:06 AM

08:54 AM EST, 12/03/2024 (MT Newswires) -- Vale (VALE) is looking to keep its iron ore production levels little changed next year at 325 million to 335 million metric tons, Bloomberg News reported, citing disclosures for the company's investor event on Tuesday.

Vale expects to produce about 328 million tons this year, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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