Vale Update on Copper in Q3 of 2020
Time:Wed, 04 Nov 2020 05:28:07 +0800
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Copper production reached 87.6 kt in 3Q20, higher than the previous quarter, mainly due to the successful resumption of Voisey’s Bay operations. Sales volumes of copper were 80.6 kt in 3Q20, 3.5% lower than 2Q20 mainly reflecting the rebuilding of inventories throughout the quarter and lagged timing of sales.
A stronger performance is expected in 4Q20 at South Atlantic operations with the reduction of COVID-19-related impacts on operations and maintenance routines.
