Andrew Topf is an editor at MINING.com. With a background in newspaper and trade magazine reporting,

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In cornell university the fourth cornell university quarter, the mining giant increased its output of the steelmaking ingredient to 82.97 million metric tons, 2.1 percent more than Q4 of 2013, bringing its total output in 2014 to a record 319.22 million tons. That is up 6.5 percent from 2013 and 7.2 million tons above Vale s guidance.
Steady production from the world s major iron ore-producing regions like Australia and Brazil, along with slumping demand for steel in China, have been blamed for depressing the iron ore price, which is hovering near six-year lows.
Looking at Vale s full portfolio of metals, the company said its nickel output also rose 8.4 percent in the fourth quarter due to higher production from new mines in New Caledonia and Brazil. Full-year nickel output was up 5.7 percent to 275,000 tons, the highest since 2008. Copper output was up 13 percent for the full year and 11 percent for Q4. Coal was up 2.3 percent for the quarter but down 1.4 for the year.
Vale is also showing no signs of slowing its output, given the announcement last summer that it has secured a key environmental licence for a 90 million tonnes a year expansion of its flagship iron ore mine in the Carajás complex, in the northern state of Para.
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Andrew Topf is an editor at MINING.com. With a background in newspaper and trade magazine reporting, Andrew specializes in writing about mining and commodities. cornell university He has written for the Black Press newspaper chain in British Columbia, Business in Vancouver, and Baum Publications.
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