Vale´s Production Report for the third quarter of 2019 (3Q19)
was announced on Monday, October 14th. The document provides an overview of the company´s operations
during the period.
Iron ore fines production reached 86.7 Mt in 3Q19, 35.4% higher
than 2Q19. The resumption of Brucutu operations and the partial resumption of the dry processing
operations at the Vargem Grande Complex, announced in June and July, respectively, contributed to
this result. Vale's pellet production amounted to 11.1 Mt in 3Q19, 22.7% higher than 2Q19, mainly
due to higher productivity from pellet plants after a maintenance period in 2Q19 and also to the
resumption of Brucutu operations.
Iron ore fines and pellet sales volume amounted to 85.1 Mt in
3Q19, 20.2% higher than 2Q19 as a result of the above mentioned production resumption.
Vale expects to resume the remaining production of approximately 50 Mt by 2021, as several milestones
were achieved and others are ongoing.