Vale's brownfield iron ore projects to lead output boost

摘要

Brazilian miner Vale expects iron ore output of 402 million mt in 2017, up from 306 million mt forecast for 2013 led by projects to extract more at existing mine resources. Vale's data indicates 326 million mt of output in 2014, rising further to 364 million mt in 2015 and 369 million mt in 2016, based on a presentation Thursday to investors in London.