Coal news and updates

Vale Moçambique saw record production of 3.0 million tons of coal in the second quarter of 2017, consisting of 2.0 million tons of coking or metallurgical coal and practically 1 million tons of thermal coal, Brazilian group Vale reported.

 

The mining group, in its production report for the second quarter of 2017, reported that production at its Mozambican subsidiary rose 24.8% compared to the first quarter (2.4 million tons) and 142.7% compared to the same quarter of 2016 (1.2 million tons).

 

Overall, the Brazilian group produced 91.8 million tons of iron ore (with a year-on-year increase of 5.8%), 12.2 million tons of pellets (+21.5%), 507,000 tons of manganese (-8.2%), 65,900 tons of nickel (-16.1%), 102,700 tons of copper (-4.4%) and 1.4 million tons of cobalt (+7.7%).

 

The Vale group also produced 105,000 ounces of gold, down 11.0% from a year earlier. (macauhub)

Source: MACAUHUB