Vale reported iron ore sales at 77.3 million tons in the quarter, down 3.1%, with the company's average realized price of iron ore fines landing at $85.1 per ton, a 13.3% fall.

Vale produced 83.6M metric tons of iron ore in Q2, up 3.7% Y/Y and above expectations, driven by a new Q2 production record at the S11D mining project in Brazil, its top iron ore producer.

UTC finishes the season having won a total of three weekly awards from the OVC. Clark and Vale are now waiting to find out on Wednesday if they will be named the OVC’s Pair of the Year for the ...