Other Events ·
Vale S.A. updated its 2026 cost and production estimates for key commodities
VALEVale S.A.
Vale S.A. updated its 2026 cost and production estimates for key commodities. C1 cash costs for iron ore rose to a range of US$22.5–23.5 per tonne from the previous US$20.0–21.5, while all-in iron ore costs increased to US$58–62 from US$52–56. All-in copper costs decreased significantly to US$0–500 from US$1,000–1,500, and all-in nickel costs fell to US$10,000–11,500 from US$12,000–13,500. Estimated copper production was raised to 360–380 kt from 350–380 kt, and nickel production increased to 185–200 kt from 175–200 kt. These adjustments assume an average USD/BRL exchange rate of 5.13 and a Brent price of US$86/bbl. Vale S.A. is a major global mining company focused on the extraction and production of iron ore, nickel, copper, and other minerals.