Business

2Q21 Production Report



Vale´s Production Report for the second quarter of 2021 (2Q21) was released on Monday, July 19th. The company completed another quarter of iron ore production growth (+11%q/q) and achieving a current capacity of 330 Mtpy, which if sustained could allow for an average of 1 Mt per day production in 2H21, due to the favorable seasonality from better weather conditions in the period.

On Base Metals, the first ore production on its Reid Brook deposit at the Voisey’s Bay Mine Expansion Project was an important achievement to the continued delivery of quality, predictable and responsibly sourced material to market.

The unmanned train operation in Timbopeba is performing well and the maintenance of ship loader 6 (CN6) at the Ponta da Madeira Maritime Terminal was executed as scheduled, causing no impact in this year’s expected shipments.

Coal production posting solid growth both on a quarter-on-quarter and year-over-year. The production is ramping-up in line with the plan to reach the annual production rate of 15Mtpy during the second semester of 2021.

Download 2Q21 production report

See highlights of some of our businesses:

Nickel

  • Nickel sales volumes were 47.4 kt in 2Q21, in line with 1Q21, as the sale of available inventories offset the lower production for the quarter.
  • Production of finished nickel was 41.5 kt in 2Q21, 14.3% lower than 1Q21 mainly due to the labour disruption at Sudbury and unscheduled maintenance in Clydach Nickel Refinery, which impacted total production from material sourced from PTVI.
Find out more about our nickel activities

Copper

  • Copper production reached 73.5 kt in 2Q21, 3.9% lower than 1Q21 resulted from the labour disruption in Sudbury and delays in mining at Voisey’s Bay.
  • In 2Q21, copper production in Salobo totalled 38.7 kt, 13.5% higher than 1Q21 and 6.3 % lower than 2Q20.
  • Sales volumes of copper were 74.2 kt in 2Q21, 4.2% higher than 1Q21.
Find out more about our copper activities

Iron Ore and pellets

  • Vale’s iron ore fines production 1 totaled 75.7 Mt in 2Q21, 11.3% higher than in 1Q21
  • Sales volumes of iron ore fines and pellets totaled 74.9 Mt in 2Q21, up 14.2% higher than in 1Q21, as iron ore production increased.
  • Vale’s pellet production totaled 8.0 Mt in 2Q21, 27.4% higher than in 1Q21, although still limited by pellet feed capacity.
Find out more about our iron ore and pellet activities

Coal

  • Coal production totalled 2.1 Mt in 2Q21, posting solid growth both on a quarter-on-quarter and year-over-year basis due to the improved productivity after the major plant revamp concluded last quarter.
  • The higher production in 2Q21 enabled Vale to rebuild its operational inventories to sustainable levels, limiting coal sales in the quarter.
Find out more about our coal activities

2Q21 financial report

The 2Q21 financial report will be released on July 28th. After the report´s release, some of our key executives will participate in webcasts with investors to present the quarter’s results. Click here to learn more about webcasts.