Vale SA (VALE) has released an update.
Vale SA has announced the resumption of operations at its Salobo 3 processing plant in Pará state, maintaining its copper production guidance for 2024 between 320-355 kilotonnes. The update follows previous communications regarding a fire incident at the plant, with Vale emphasizing no expected deviation from its projected output. This news is a positive signal for investors monitoring the stability and performance of Vale’s production capabilities.
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