Vale reports highest Q2 iron ore output since 2018

Brazilian mining giant Vale produced 84.3 million tonnes of iron ore over the April-June quarter, marking its strongest second-quarter performance since 2018, according to the company's latest quarterly report released on July 21 local time.

The robust Q2 output, higher by 0.8% on year and 20.9% on quarter, was supported by record output at the S11D mine, along with additional volumes from the Capanema and VGR1 projects, Vale said. Within the Northern System, the S11D operation achieved a second-quarter record of 23.4 million tonnes. However,