Vale's third-quarter iron-ore output edges up

Brazil's Vale, one of the world's largest miners, on Monday reported a third-quarter iron ore production up slightly from the previous year, while its smaller nickel output soared as refineries resumed operations.

Vale's output of iron-ore, its main product, reached 89.7-million tonnes for the third quarter, up 1.1% from the previous year. Sales of the steelmaking ingredient grew 3.5% to 69-million tonnes.