Vale's iron ore fines output fell by 7.1% year on year in the first half of 2020, but the company has maintained its 2020 production guidance at 310-330 million tonnes and will assume the lower end, it said on Monday July 20.
The company's iron ore fines production came to 127.2 million tonnes in the January-June period, down from 136.9 million tonnes the year before, which it attributed to the effects of Covid-19.There were also manpower issues...