Vale raises production in Q1

Vale's iron ore production reached 86.2 million tonnes in the 1st quarter of 2017, an 11.2% increase year-on-year, mainly driven by the S11D project and the Arta project.

In the 1st quarter, nickel production reached 71,400 tons, up 14% from the previous quarter, but down 2.9% from the same period last year, mainly due to the closure of Indonesian and Japanese factories for technical service.

Copper production was 109,000 tonnes, up 11% QoQ and 2.6% YoY down, mainly due to Sudbury production.