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Vale’s Announces Pellets Production & Sales Results for Q3 2019

Mining News - Published on Wed, 16 Oct 2019

Image Source: steelguru.com
Vale’s pellets production was 11.1 million tonnes in 3Q19, 22.7% higher than in 2Q19, mainly due to better operational performance, which was impacted in 2Q19 by the maintenance carried out at the Tubarao plants, and 19.8% lower than in 3Q18, mainly due to stoppage at the Fabrica and Vargem Grande operations. On September 26th, 2019, Vale revised its pellets production guidance to 43 million tonnes from the 45 million tonnes previously announced in “Vale’s Production and Sales in 2Q19” report to adapt its product portfolio to temporary market conditions.

Northern system - Production at the Sao Luis pellet plant was 1.1 million tonnes in 3Q19, 0.6 Mt higher than in 2Q19, mainly due to restored pellet feed moisture, which was impacted in 2Q19 as a result of abnormal rains in the Northern System.

Southeastern system - Production at the Tubarao pellet plants, Tubarao 1, 2, 3, 4, 5, 6, 7 and 8, was 7.6 million tonnes in 3Q19, 1.5 million tonnes higher than in 2Q19 and 1.1 million tonnes lower than in 3Q18, mainly due to greater productivity at the plants, which was partially offset by scheduled maintenance carried out at plants 5 and 6 and maintenance stoppage at plants 3 and 4.

Southern system - Fabrica and Vargem Grande pellet plants operations were halted on February 20th, 2019,

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Posted By : Rabi Wangkhem on Wed, 16 Oct 2019
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