Vale expects advances in iron ore projects despite slower licensing processes

Brazilian miner Vale expects to make progress with iron ore projects this year, to increase production and reduce supply bottlenecks in the iron ore market, Marcello Spinelli, executive director of ferrous and coal, said on Friday October 28.

In the fourth quarter of 2022, Vale expects to start up its Gelado project to increase pellet feed output capacity by 10 million tonnes per year. With the project’s commissioning...

Published

Felipe Peroni

October 28, 2022

21:55 GMT

São Paulo