Vale plans to produce 335 million tonnes of iron ore in 2025
Sao Paulo –Vale, one of the world’s largest iron ore producers, has reported it expected to produce between 325 million and 335 million tonnes of iron ore in 2025, following an output of about 328 million tonnes this year.
The company, based in Brazil insists it expects to keep increasing iron ore output in the coming years, estimating it to reach between 340 million and 360 million tonnes in 2026 and about 360 million tonnes in 2030.
The company has started commissioning the Capanema project at its Mariana complex, aiming to add about 15 million tons per year of iron ore, an important milestone towards achieving the iron ore production guidance in 2026.
Vale also alleged it expects to produce 340,000 to 370,000 tonnes of copper in 2025, after output of about 345,000 tonnes this year. Its copper production is expected to reach 350,000 to 380,000 tonnes in 2026, 420,000 to 500,000 tonnes in 2030, and about 700,000 tonnes in 2035.
Nickel production forecast has increased from around 160,000 tonnes this year to a range of 160,000 to 175,000 tonnes next year, 175,000 to 210,000 tonnes in 2026, and 210,000 to 250,000 tonnes in 2030.
