Vale Disappointment Keeps Rio Tinto as World No. 1 Iron Producer - BitcoinEthereumNews.com
เศรษฐกิจVale Disappointment ทำให้ Rio Tinto เป็นผู้ผลิตเหล็กอันดับ 1 ของโลก02 / 12 / 2022ข่าว Bitcoin Ethereum (Bloomberg) — Rio Tinto Groups hold on the title of world No. 1 iron ore producer is safe — at least for another quarter. อ่านมากที่สุดจาก Bloomberg Vale SA was expected to overtake its main rival in the fourth quarter, but reported a disappointing 82.5 million metric tons of the steel-making ingredient after heavy rains restricted operations in northern Brazil. That compares with 84.1 million tons for Rio Tinto. Vale lost the title of top supplier in the wake of a tailings dam disaster three years ago. After focusing on safety, it has slowly brought back production while Rio Tinto has suffered from its own rain disruptions and the fallout from a cultural heritage fiasco. Now the two firms are level pegging, even delivering identical 2022 guidance of 320-335 million tons, although Rio Tinto‘s is for shipments and Vale’s is for production. In Thursdays report, Vale kept its 2022 projection despite more rain interruptions last month. Bragging rights aside, the Rio de Janeiro-based company continues to bang the drum of value over volume, wary of flooding a market thats still recovering from a rout in the second half of last year after China