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Vale aims for 400m tonnes of iron ore per year by 2023
Project S11D (Image courtesy of Vale SA )

Brazilian mining giant Vale SA is on track to reach its goal of producing 400 million tonnes of iron ore by the end of 2022 or early 2023, Chief Executive Eduardo Bartolomeo said during the FT Commodities Mining Summit on Friday.

The company is already producing 1 million tonnes of iron ore daily, he said.

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Project S11D (Image courtesy of Vale SA )

Brazilian mining giant Vale SA is on track to reach its goal of producing 400 million tonnes of iron ore by the end of 2022 or early 2023, Chief Executive Eduardo Bartolomeo said during the FT Commodities Mining Summit on Friday.

The company is already producing 1 million tonnes of iron ore daily, he said.

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