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Vale's Manganese Ore and Ferroalloys Results for Q3 2019

Mining News - Published on Wed, 16 Oct 2019

Image Source: steelguru.com
Vales's manganese ore production totaled 443 kt in Q3 2019, 39.3% higher than in 2Q19. The increase represents the gradual resumption to regular levels of production following operational improvements and maintenance conducted at the Urucum mine in 2Q19. Manganese ore sales volumes reached 150 kt in 3Q19, 63.0% higher than in 2Q19, basically recovering from the unusual weather-related conditions faced last quarter by operations at Ponta da Madeira port.

Ferroalloy production totaled 40 kt in 3Q19, in line with 2Q19. Ferroalloys sales volumes totaled 29 kt in 2Q19, 25.6% lower than in 2Q19 mainly due to a temporary decrease in domestic client demand following a prolonged shutdown and maintenance period.

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Posted By : Rabi Wangkhem on Wed, 16 Oct 2019
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