Production Report 2Q19

About Vale

Production Report 2Q19

Vale´s Production Report for the second quarter of 2019 (2Q19) was announced on Monday, July 22. The document provides an overview of the company´s operations during the period.

Vale´s iron ore fines production totaled 64.1 Mt in 2Q19, 12.1% and 33.8% lower than 1Q19 and 2Q18, respectively. Vale pellet production 1 totaled 9.1 Mt in 2Q19, 25.5% and 29.3% lower than 1Q19 and 2Q18, mainly as a result of the impacts following the Brumadinho dam rupture and the unusual weather-related conditions in the Northern System in April and early May.

Iron ore fines and pellet sales volume was 70.8 Mt in 2Q19, 4.5% higher than in 1Q19 and 18.2% lower than 2Q18. Although the production volumes decreased quarter over quarter, sales volumes increased 3.2 Mt due to the consumption of offshore inventories.

Download 2Q19 Production Report

See highlights of some of our businesses:

Iron ore

Iron Ore and pellets

  • Iron ore fines production totaled 64.1 Mt in 2Q19.
  • Iron ore production was 12.1% and 33.8% lower than in 1Q19 and 2Q18, respectively, mainly as a result of the impacts following the Brumadinho dam rupture and the unusual weather-related conditions in the Northern System in April and early May.
  • Vale’s pellet production2 totaled 9.1 Mt, 25.5% and 29.3% lower than in 1Q19 and 2Q18, respectively, mainly due to the full stoppage of the Southern System pellet plants during the quarter, following the Brumadinho dam rupture, abnormal rain in the Northern and Southeastern Systems as well as maintenance carried out and at the Tubarão plants.
Find out more about our iron ore and pellet activities

Nickel

Nickel

  • Production of finished nickel reached 45,000 t in 2Q19, 17.9% lower than 1Q19 and 32.0% lower than 2Q18.
  • The decrease was mainly due to scheduled and unscheduled maintenance activities at the Copper Cliff Nickel Refinery, in Sudbury, as well as at the Clydach, Matsusaka and Long Harbour refineries, along with lower production from VNC.
  • Nickel sales volumes were 57,500 t in 2Q19, 14.3% higher than in 1Q19.
Find out more about our nickel activities

Coal

Coal

  • Coal production totaled 2.4 Mt in 2Q19.
  • The production was 7.1% higher than in 1Q19 as a result of less rains in comparison to 1Q19.
  • Coal sales totaled 2.1 Mt in 2Q19, 12.6% lower than production in the same period.
Find out more about our coal activities

Copper

Copper

  • Copper production reached 98,300 t in 2Q19, 4.8% higher than 1Q19 and in line with 2Q18.
  • Production increased mainly due to higher grades in Salobo operations and strong performance at Sudbury.
  • Sales volumes of copper reached 95,000 t in 2Q19, 5.1% higher than in 1Q19, reflecting higher production volumes and commercial initiatives to reduce inventories.
Find out more about our copper activities

2Q19 Financial Report

The 2Q19 Financial Report will be released on July 31. After the report´s release, some of our key executives will participate in webcasts with investors to present the quarter’s results.