Vale´s Production Report for the first quarter of 2021 (1Q21) was released on Monday, April 19th.
Despite the additional challenges imposed by COVID-19 pandemic in Brazil, the company continues to
progress on its Iron Ore stabilization plan, resuming the remaining halted capacity at Timbopeba
site and Vargem Grande pellet plant.
On Base Metals, the sale of VNC operations was an important step on Vale’s commitment to transform
the business, simplifying the operations flowsheet going forward and enabling a continuous focus on
core assets. Vale also concluded in April the revamp of the two processing plant in Moatize, which
is expected to produce sustainable results for the business.
The resumption plan advanced with the start-up of Vargem Grande’s tailings filtration plant, the
first of four filtration plants in Minas Gerais. The second plant, located in Itabira, is expected
to start operation by the end of 2021.
Coal business concluded its maintenance activities in April and is progressing with the
commissioning of the new and revamped equipment. Mine and plant ramp-up is expected to be carried
out in 2Q21 and should achieve a production run-rate of 15 Mtpy in 2H21.