Vale iron-ore output rose 8% in fourth quarter

Brazilian miner Vale said on Tuesday that total iron ore output rose 8.2% in annual terms to 100.988-million tonnes in the fourth quarter, which closed about a month before the collapse of its tailings dam at Brumadinho killed hundreds of people.

For all of 2018, Vale’s output was 384.639-million tonnes, slightly below its previously divulged outlook of 390-million tonnes.