One of the standout commodity stories so far this year has been China's demand for thermal coal, with the world's largest importer seeing record shipments.
The miner has an injunction to release the Carajás Railroad, used to transport iron ore produced from the Northern System.
Vale guidance for iron ore production in 2024 is between 310 million and 320 million tonnes.
Batang industrial park already hosts nearly 20 companies in 10% of its total area of 4,300 hectares.