Vale’s Q1 iron ore output falls 11% on output restrictions, weather issues

摘要

Brazilian miner Vale’s output of iron ore dropped by 11.10% year-on-year in the first quarter of 2019, while sales fell by 22.20% in the samecomparison, due to the tailings dam disaster at Brumadinho andunusual weather conditions.The company produced 72.87 million tonnes of iron ore fromJanuary to March, down from 81.95 million tonnes in the first quarterof 2018, Vale said on Wednesday May 8.