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16/02/2018 - 17:00hs

Vale’s Oman output declined

The company reported an output of 2.4 million iron pellets in the Arab country in 2017’s last quarter, 2.1% less in volume than in the same months of 2016. Rainfall levels impacted the performance.


Iron ore: 366.5 million tons

São Paulo – Vale’s output in Oman slid in last year’s last quarter, according to data released this Friday (16) by the company. Vale owns a pelletizing plant in the Middle East country.

The plant produced 2.4 million tons from October to December. It’s a decline of 2.4% over Q3 and of 2.1% over the same period of 2016. According to Vale, the decline was due to the impact of heavy rainfall over the productivity.

In addition to the iron ore pelletizing plant, the company owns a distribution center in Oman, in Sohar. The facilities opened in 2011 in the city located North of Muscat, one of the country’s most developed areas.

Taking into account all of the company’s plants, Vale’s output reached 12.8 million tons of pellets 2017’s Q4, an increase of 1% over Q3 and of 2.2% over the same months of 2016.

Last year, pellet output reached 50.3 million tons, up 8.8% over 2016, or 4.1 million tons more.

Regarding iron ore, Vale produced 366.5 million tons in 2017, a production record, up 5.1%. In the year’s Q4, iron ore production reached 93.3 million tons, down 1.8% in volume in comparison to Q3, but up 1.1% over the same period of the previous year.

According to Vale, the record was achieved due to developments of the S11D project, which is part of the iron mining complex of Carajás, Pará, and to higher production in the plant Conceição I, part of the Southeast System.

*Translated by Sérgio Kakitani

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