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Brazil’s Vale plans to increase iron production to 320 million tons in 2023

Brazilian miner Vale, the world's largest iron ore producer, and exporter, plans to manufacture between 310 and 320 million tons of iron ore in 2023, surpassing the 310 million tons forecast for this year, the company announced today,

In an online event with investors, Vale announced a forecast to produce between 340 and 360 million tons of iron in 2026 and exceed 360 million tons in 2030.

For its part, the production of iron balls in 2023 was estimated to be between 36 and 40 million tons, higher than the 33 million expected for this year.

Vale also predicted . . .

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