Vale S.A. Announces Operating Results for the Fourth Quarter and Full Year of 2022
January 31, 2023 at 05:12 pm EST
Vale S.A. announced operating results for the fourth quarter and full year 2022. For the quarter, the company reported iron ore production of 80,852,000 metric tons against 81,678,000 metric tons a year ago. Pallets production was 8,261,000 metric tons against 9,073,000 metric tons a year ago. Nickel production was 47.4 kt against 48.0 kt a year ago. Copper production was 66.3 kt against 77.5 kt a year ago. Cobalt production was 529,000 metric tones against 603,000 metric tones a year ago. Gold production was 74,000 ounces troy against 89,000 ounces troy a year ago.
For the Year, Company reported iron ore production of 307,793,000 metric tons against 312,901,000 metric tons a year ago. Pallets production was 32,111,000 metric tons against 31,708,000 metric tons a year ago. Copper production was 253.1 kt against 296.8 kt a year ago. Cobalt production was 2,519,000 metric tones against 2,474,000 metric tones a year ago. Gold production was 289,000 ounces troy against 364,000 ounces troy a year ago.