Vale expects to reclaim top spot in global iron ore production, CEO says
Reuters
Yesterday
Vale expects to reclaim top spot in global iron ore production, CEO says
SALVADOR, Brazil, Oct 28 (Reuters) - Brazilian miner Vale VALE3.SA is confident it will regain this year the position of the world's largest iron ore producer, CEO Gustavo Pimenta said on Tuesday, a title it had lost to Rio TintoRIO.AX in recent years.
"We are likely at our best in terms of operational performance right now," Pimenta said during a mining conference in Salvador.
(Reporting by Marta Nogueira; Writing by Isabel Teles; Editing by Gabriel Araujo)
((Isabel.Teles@thomsonreuters.com;))
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