Brazil's Vale slashes 2020 output forecasts, citing virus [Reuters]
VALE S.A. American Depositary Shares Each Representing one common share (VALE)
Last vale s.a. american depositary shares each representing one common share earnings: 4/29 04:02 pm
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Source: Reuters
Brazil's Vale slashes 2020 output forecasts, citing virus BRASILIA/RIO DE JANEIRO (Reuters) - Brazilian miner Vale SA on Friday cut its forecast for production of iron ore fines and pellets, copper and nickel in 2020, saying in a securities filing that the new coronavirus outbreak was delaying some facilities from reopening. Vale reduced its forecast for annual production of iron ore fines to 310 million to 330 million tonnes from 340 million to 355 million tonnes previously. The company decreased its forecast for pellet production to 35 million to 40 million tonnes from 44 million tonnes. Vale, the world’s largest producer of iron ore, attributed the revised forecast in part to delays restarting operations at facilities including the Timbopeba and Fabrica mines because the coronavirus outbreak was tripping up inspections and authorizations. Operations at both mines were halted due to safety concerns after Vale’s fatal dam burst in Brumadinho in January 2019, which killed over 270 peo
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News
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VALE
Earnings
- 7/31/25 - Beat
VALE
Sec Filings
- 12/4/25 - Form 6-K
- 12/2/25 - Form 6-K
- 12/2/25 - Form 6-K
- VALE's page on the SEC website