Brazilian miner Vale SA $VALE reported a 4.6% drop in Q4 iron ore production YoY, hitting 85.3M tons as it focused on higher-margin products. Full-year 2024 output rose 2% to 328M tons. Sales fell 10% in Q4, with average prices at $93/ton, down 21% YoY. 📉 #IronOre #Vale
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