Brazil's Vale released the sales and production report for the fourth quarter of 2022 on February 1, 2023.

In terms of sales volume, Vale sold about 92 million tons of iron ore in the fourth quarter, up by 18.5% from the previous quarter and almost the same from the same period a year ago. The total sales of iron ore in 2022 were roughly 302 million tons, going down by 2.3% year on year.

In terms of production, iron ore output in the fourth quarter was around 80.9 million tons, decreasing by 9.9% from the third quarter and by 1% from the fourth quarter last year. In 2022, the total output of iron ore was about 308 million tons, down by 1.6% year on year.