Vale expects to produce 75-million tonnes this year from the S11D operation in Carajas Serra Sul, its biggest miningproject ever, with output seen increasing to 90-million in 2020, the company said in a presentation for investors.
In a forecast labeled "Beyond 2020," Vale outlined a possible expansion in Carajas Serra Sul to 150-million tonnes or production.
Still along way off IMO
Iron ore price, page-12347
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