Vale S.A. (VALE) Form 6-K — Jul 21, 2026
Vale S.A. reported solid operational results for the second quarter of 2026, achieving higher production and sales volumes year-over-year across all business segments. Iron ore production reached 84.3 million metric tons, a 1% increase supported by record output at the S11D mine and continued ramp-up at the Capanema and VGR1 projects, while sales increased 3% to 79.7 Mt. The base metals division demonstrated significant strength, with copper production rising 6.3% to 98.4 thousand tons and nickel production increasing 4.2% to 42.0 thousand tons.
Key figures
- Copper Sales2 Q26
- 97.6 kt
- Nickel Sales2 Q26
- 44.4 kt
- Pellet Sales2 Q26
- 7.7 Mt
- Iron Ore Sales2 Q26
- 79.7 Mt
- Copper Guidance2026
- 350-380 kt
- Nickel Guidance2026
- 175-200 kt
- Copper Realized Price
- $14,062/t
- Iron Ore Guidance2026
- 335-345 Mt
- Nickel Realized Price
- $18,061/t
- Pellet Realized Price
- $137.0/t
- Copper Production2 Q26
- 98.4 kt
- Iron Ore Realized Price
- $95.0/t
- Nickel Production2 Q26
- 42.0 kt
- Pellet Production2 Q26
- 7.3 Mt
- Iron Ore Production2 Q26
- 84.3 Mt
AI analysis
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