Vale reaches a record of 86.2 Mt of iron ore production in the first quarter of 2017

About Vale

4/20/2017

Vale reaches a record of 86.2 Mt of iron ore production in the first quarter of 2017

Our Production Report for the first quarter of 2017 was disclosed today, Thursday, April 20th. The document presents an overview of our operations in this period.

Vale achieved a record of 86.2 Mt of iron ore production in the first quarter of 2017(1Q17),11.2% higher than in 1Q16 due to the ramp-up of the S11D and Itabiritos projects in the Southeastern System.


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Download the 1Q17 Production Report and read about our performance.

Download 1Q17 Production Report

See highlights of some of our businesses in the infographic:

Iron ore

Vale’s iron ore production reached a record for a first quarter of 86.2 Mt in 1Q17, 8.6 Mt higher than in 1Q16 mainly due to the ramp-up of the S11D and Itabiritos projects in the Southeastern System. Production was 6.2 Mt lower than in 4Q16 due to usual weather-related seasonality in the first quarter of the year, which affected mainly the performance of the Northern System.

Pellet production achieved 12.4 Mt in 1Q17, 1.6% lower than in 4Q16 due to scheduled maintenance stoppages in Tubarão 8 and Oman, and 4.1% higher than in 1Q16 mainly due to the productivity gains in both systems in Brazil, and the 30-day maintenance stoppage in the Oman plant in January of 2016.

Find out more about our iron ore and pellet activities

Nickel

Production of nickel achieved 71,400 t in 1Q17, 14.0% lower than in 4Q16 and 2.9% lower than in 1Q16, as a result of planned maintenance shutdowns in Indonesia and Japan and operational challenges at our Thompson operations.

Find out more about our nickel activities

Coal

Coal production reached 2.4 Mt in 1Q17, despite the divestment of the Carborough Downs operations in November 2016. The good performance can be credited to the record production from the Moatize operation. Total coal production was 41.3% and 46.4% higher than in 4Q16 and 1Q16, respectively, despite a 139 kt and 763kt production of coal from Australian mines reported in each of those quarters.

Find out more about our coal activities

Copper

Copper production achieved 107,400 t in 1Q17, 11.0% and 2.3% lower than in 4Q16 and 1Q16, respectively. The decrease was a result of lower production in Sudbury due to lower production from the copper rich mines and some unscheduled maintenance in the mines.

Find out more about our copper activities

1Q17 - Financial Report

On Thursday, April 27th, we will release our 1Q17 Financial Report. After the report has been released, some of our key executives will participate in webcasts with investors and journalists to present the first quarter’s results.

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Vale reaches a record of 86.2 Mt of iron ore production in the first quarter of 2017