Vale grows iron-ore output by 6%, sales lag

 Brazilian miner Vale posted 6.3% growth in second-quarter iron ore production while sales lagged, the company announced in a securities filing on Tuesday.

Vale said it mined 78.7-million metric tons of the key steel-making mineral during the April-to-June period, buoyed by the ramp-up of key mining projects including the company's S11D mine in northern Brazil.