Vale S.A.’s Production Capacity of Copper-cobalt Reaches a New High

Vale S.A. (06210.HK) issued that, according to their production statement in the first quarter of 2013, their production capacity reaches 67.54 million tons, with a year-on-year drop of 3.5% quarter-to-quarter by 21%; Pellet output reached 11.67 million tons, with a year-on-year drop of 11.7%, and quarter-to-quarter drop of 3.5%; Manganese ore production was 50 million tons, with an year-on-year increase of 3.5%, which was the highest one sincere the first quarter of 2008; Coal output is 18 million tons, including13.73 million tons of the metallurgical coal, with an year-on-year increase of 21.9% and a quarter-to-quarter drop of 6.6%; Steam coal output is 3.79 million tons, with an year-on-year increase of 1% and quarter-to-quarter drop of 21.1%;

Nickel ore final product output capacity is 0.65 million tons, with a year-on-year increase of 3% and a quarter-to-quarter increase of 1.7%, which is the best one in the first quarter sincere 2010; cooper ore output reaches 0.09 million tons, with an year-on-year increase of 22.8% and quarter-to-quarter increase of 10.5%.

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