Vale - Latest news GMK Center
21 March 2024
The loan is co-financed together with private financial institutions
In 2024, the company predicts a dense market, especially in Asia
In the fourth quarter of 2023, the company increased ore production by 10.6% y/y
More than 30 customers have already shown interest in the product
In 2023, the company forecasts production at the level of 315 million tons
The move will help the company reduce its Scope 3 emissions
In August 2023, the volume of iron ore exports amounted to 23.54 million tons
The company has a more optimistic view of China than other market participants
In July 2023, the volume of iron ore exports increased by 1.8% year-on-year
The first of the megahubs is expected to start operating in 2027
The production of iron ore pellets in January-June increased by 11.8% y/y.
14 June 2023
The export of iron ore pellets increased by 93.7% y/y in 4 months