Brazil’s Vale said on Tuesday its fourth-quarter iron ore production fell 22.4% from a year ago, as the company continues to ramp up operations following a deadly dam burst in early 2019.
In a securities filing, Vale said it produced 78.344-million tonnes of iron-ore in the October-December period. The firm also said quarterly sales of the key raw material fell 3.2%from a year ago to 77.907-million tonnes.