Production Report
Vale’s production and sale report of the second quarter of 2018 was announced this Monday, July 16th. Vale reached a new record of 96.8 Mt of iron ore production for a second quarter. Record sales volumes for a second quarter of iron ore and pellets totaled 86.5 Mt in 2Q18, 4.8 Mt higher than in 2Q17.
It was possible despite the nationwide truck drivers' strike in May, with 12-day disruptions in production and logistics across Brazil, leading to force majeure being declared by many companies. Vale overcame these adversities using the flexibility of its supply chain, with transfers of supplies between sites, alternative use of railways to transport inputs, adjustment in mining methods and production plans and change in mill process parameters.
Download 2Q18 Production Report