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Vale sees pellet output up by 10 million tonnes in 2019
October 26, 2017 / 4:16 PM / a month ago

Vale sees pellet output up by 10 million tonnes in 2019

RIO DE JANEIRO (Reuters) - Brazilian miner Vale SA (VALE5.SA) should produce 10 million tonnes more pellets in 2019 compared to 2017, an executive of the world’s top iron ore producer said in a conference call on Thursday.

On the same call, Vale’s chief executive added that 2018 would be a year for deleveraging.

Reporting by Marta Nogueira

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