Vale said in late April it will mine between 310 million and 330 million tons of iron-ore powder and pellets in 2020, around 30 million tons less than it previously expected. "Brazil's Coronavirus Crisis Disrupts Iron-Ore Market, as Prices Surge" at 10:03 a.m. ET on May 20, incorrectly said Vale expected to mine between 345 million and 370 million tons, around 40 million tons less than before.