Panjiva Insights: Vale’s Tears Continue Despite 62% Jump in Iron Ore Exports — Panjiva
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Panjiva Insights: Vale’s Tears Continue Despite 62% Jump in Iron Ore Exports

Australia 133 Brazil 416 Materials - Metals/Mining 796 Metals - Steel 544 Panjiva Insights 48

Iron ore producer Vale is continuing to struggle to improve the output of its Brazilian operations after a dam disaster earlier in the year. While the shortfall was initially made up for by Australian exports – which reached a record high of A$8.81 billion ($6.18 billion) in May – the outlook for iron ore globally is more challenging. S&P Global Market Intelligence’s analyst, Max Court, has identified production challenges and port constraints in Australia for Rio Tinto and BHP. There has been some improvement in Vale’s Brazilian iron ore exports in May th...

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