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Vale Q3 production and sales overview of Copper

Metal News - Published on Wed, 17 Oct 2018

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Vale announced that its copper production reached 94,500 tonne in 3Q18, 3.5% lower than in 2Q18, reflecting the annual scheduled maintenance shutdown in Sudbury and the strategic decision to decrease mine production at Voisey's Bay to extend the mine's lifespan matching the investment schedule. Sales volumes of copper reached 92,4001 in 3Q18, in line with the lower copper production in 3Q183.

Brazilian operations
Production of copper in concentrate at Sossego totaled 22,8001 in 3Q18, 4.1% higher than in 2Q18 due to strong plant performance.

Production of copper in concentrate at Salobo reached 50.000 t in 3Q18, 7.1% higher than in 2Q18 due to higher ore grades, higher mill throughput and increased copper recovery.

Canadian operations
Production of copper from the Sudbury mines reached 17,100 t in 3Q18, 7.1% lower than in 2Q18 reflecting Sudbury’s scheduled maintenance shutdown which included mines and surface plants.

Production of copper from Voisey's Bay source reached 2,500 t in 3Q18, mainly due to the strategic decision to optimize margins through the extension of mine life to to match the Voisey's Bay Mine Extension - VBME underground development schedule.

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Posted By : Rabi Wangkhem on Wed, 17 Oct 2018
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