Report Industry Investment Rating - Not provided in the content Core Views - The production and sales of Vale in the first quarter were differentiated, and the annual production target remained unchanged. The production was lower than market expectations, and new projects are expected to contribute incremental output in the second half of the year. The sales volume increased year - on - year [4][5]. - Rio Tinto's production and sales decreased due to extreme weather, and the shipment volume is expected to be at the lower limit of the guidance [6][7][8]. - BHP's iron ore production and sales decreased both quarter - on - quarter and year - on - year in the first quarter, but the target for the 2025 fiscal year remained unchanged [9][10]. - FMG's production and sales increased both quarter - on - quarter and year - on - year in the first quarter, and the Iron Bridge project is expected to reach full capacity in the fourth quarter [11][12] Summary by Directory Vale - Production: In the first quarter, Vale's quarterly iron ore production was 6,766 tons, a quarter - on - quarter decrease of 20.7% and a year - on - year decrease of 316 tons or 4.5%. Affected by high rainfall, the output of some regions decreased, but the S11D mine set a quarterly record. The 2025 production target is 325 - 335 million tons, and new projects are expected to contribute incremental output in the second half of the year [4][18]. - Sales: The quarterly iron ore sales volume was 6,614 tons, a quarter - on - quarter decrease of 18.5% and a year - on - year increase of 232 tons or 3.6%. Sales in Asia increased, while those in the Americas decreased [5][24]. - Shipping and arrival: Since August last year, Vale's shipping has been declining. In April, it showed a month - on - month and year - on - year recovery trend. The arrival volume at Chinese ports also showed a similar trend [30] Rio Tinto - Production: In the first quarter of 2025, Rio Tinto's iron ore production in the Pilbara business was 6,977 tons, a quarter - on - quarter decrease of 19.3% and a year - on - year decrease of 10.5%, reaching the lowest level since the third quarter of 2014. The production of various types of ore decreased to varying degrees. The West Pilbara project has obtained the first batch of ore, and the Simandou iron ore will be shipped at the end of 2025 [6][32]. - Sales: The iron ore sales volume in the Pilbara business was 7,534 tons, a quarter - on - quarter decrease of 12.8% and a year - on - year decrease of 9%, reaching the lowest level since the first quarter of 2015. The main reason was the interruption of shipments to Asian customers due to a major storm at Dampier Port in February. The company maintains the 2025 shipping volume target, but the shipment volume is expected to be at the lower limit of the guidance [7][38]. - Shipping and arrival: In the first quarter, Rio Tinto's iron ore shipping decreased significantly. Subsequently, it showed a month - on - month and year - on - year recovery trend. The arrival volume at Chinese ports also showed a similar trend [48] BHP - Production: In the first quarter of 2025, BHP's iron ore production in the Pilbara business (100% basis) was 6,784.4 tons, a quarter - on - quarter decrease of 7.2% and a year - on - year decrease of 0.4%. Tropical cyclones affected some mines, but the WAIO project showed resilience. The 2025 fiscal year target remains unchanged, and it is expected to be at the upper end of the target range [9][52]. - Sales: The total sales volume of iron ore in the Pilbara business (100% basis) was 6,676.5 tons, a quarter - on - quarter decrease of 8.0% and a year - on - year decrease of 4.3%, mainly due to port logistics limitations [10]. - Shipping and arrival: BHP's shipping showed a decline after an increase. The arrival volume at Chinese ports has been decreasing year - on - year for many months [61] FMG - Production: In the first quarter, FMG's iron ore production reached 5,550 tons, a quarter - on - quarter decrease of 10% and a year - on - year increase of 19%. The total processing volume was 4,760 tons, a quarter - on - quarter decrease of 7% and a year - on - year increase of 12% [11][64]. - Sales: The iron ore shipping volume reached 4,610 tons, a quarter - on - quarter decrease of 7% and a year - on - year increase of 6%. Different varieties accounted for different proportions of the shipping volume [12][64]. - Iron Bridge project: The Iron Bridge project contributed 150 tons, and the shipping volume in the first half of 2025 reached 320 tons. It is expected to reach full capacity (2,200 tons) in the fourth quarter of 2025 [11][65]. - Shipping and arrival: FMG's shipping maintained a positive year - on - year growth, but then decreased steadily. The arrival volume at Chinese ports decreased year - on - year [72]

Group 1: Production and Sales Volume of Major Companies - In Q1 2025, Vale's production was 67.7, a 20.7% decrease from Q4 2024 and a 4.5% decrease from Q1 2024; sales volume was 66.1, an 18.5% decrease from Q4 2024 and a 3.6% increase from Q1 2024 [5] - In Q1 2025, BHP Billiton's (100% equity) production was 67.8, a 7.3% decrease from Q4 2024 and a 0.4% decrease from Q1 2024; sales volume was 66.8, an 8.0% decrease from Q4 2024 and a 4.3% decrease from Q1 2024 [5] - In Q1 2025, Rio Tinto's (100% equity) production was 69.8, a 19.3% decrease from Q4 2024 and a 10.4% decrease from Q1 2024; shipping volume was 70.7, a 17.5% decrease from Q4 2024 and a 9.4% decrease from Q1 2024 [5] - In Q1 2025, FMG's shipping volume was 46.1, a 6.7% decrease from Q4 2024 and a 6.5% increase from Q1 2024 [5] Group 2: Production of Different Iron Ore Products (Part 1) - In Q1 2025, for PB block, production was 9.8, a 24% year - on - year and 25% quarter - on - quarter decrease; for PB powder, it was 18.8, an 19% year - on - year and 19% quarter - on - quarter decrease; for Robe River block, it was 1.2, a 5% year - on - year and 23% quarter - on - quarter decrease; for Robe River powder, it was 2.2, a 24% year - on - year and 27% quarter - on - quarter decrease; for Yandi powder, it was 9.3, a 24% year - on - year and 12% quarter - on - quarter decrease; for SP10 block, it was 8.1, an 81% year - on - year and 11% quarter - on - quarter increase; for SP10 powder, it was 11.4, a 24% year - on - year and 15% quarter - on - quarter decrease [16] Group 3: Production of Different Iron Ore Products (Part 2) - In Q1 2025, for Newman, production was 12, a 20% year - on - year and 13% quarter - on - quarter decrease; for Area C, it was 27.9, a 12% year - on - year and 6% quarter - on - quarter decrease; for Yandi, it was 3.8, a 14% year - on - year and 0% quarter - on - quarter change; for Jimblebar, it was 16.5, a 4% year - on - year and 6% quarter - on - quarter decrease [20] Group 4: Production of Different Iron Ore Products (Part 3) - In Q1 2025, for Tieqiao, production was 1.5, a 200% year - on - year and 0% quarter - on - quarter change; for West Pilbara powder, it was 3.4, a 13% year - on - year and 6% quarter - on - quarter decrease; for King powder, it was 4, a 3% year - on - year and 2% quarter - on - quarter decrease; for blended powder, it was 17.3, a 3% year - on - year and 4% quarter - on - quarter decrease; for FMG block, it was 1.8, a 13% year - on - year and 5% quarter - on - quarter decrease; for Super Special powder, it was 18, a 3% year - on - year and 11% quarter - on - quarter decrease [24]

Vale S.A. (VALE) reported first-quarter 2025 adjusted earnings per share of 35 cents, which missed the Zacks Consensus Estimate of 37 cents. The bottom line marked a 10% decline from earnings of 39 cents per share reported in the year-ago quarter.Gains from higher iron ore, copper and nickel sales volumes, stronger copper prices as well as lower unit costs in iron ore operations were offset by weaker prices for iron ore and nickel.Including one-time items, Vale reported earnings per share of 33 cents per sh ...

Core Insights - The article emphasizes the importance of in-depth research and insights for informed investment decisions in the Latin American equity market [1] Group 1 - The company has over 5 years of experience in equity analysis specifically focused on Latin America [1] - The research provided aims to assist clients in making informed investment decisions [1]

Join for a 100% Risk-Free trial and see if our proven method can help you too. You do not need to pay for the costly lessons from the market itself.Sensor Unlimited contributes to the investing group Envision Early Retirement which is led by Sensor Unlimited. They offer proven solutions to generate both high income and high growth with isolated risks through dynamic asset allocation. Features include: two model portfolios - one for short-term survival/withdrawal and one for aggressive long-term growth, dire ...

For the quarter ended March 2025, VALE S.A. (VALE) reported revenue of $8.12 billion, down 4% over the same period last year. EPS came in at $0.35, compared to $0.39 in the year-ago quarter.The reported revenue represents a surprise of -0.50% over the Zacks Consensus Estimate of $8.16 billion. With the consensus EPS estimate being $0.37, the EPS surprise was -5.41%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their nex ...

Vale S.A. (NYSE:VALE) Q1 2025 Earnings Conference Call April 25, 2025 10:00 AM ET Company Participants Gustavo Pimenta - President Marcelo Bacci - Executive Vice President, Finance and Investor Relations Rogerio Nogueira - Executive Vice President Commercial and Development Carlos Medeiros - Executive Vice President, Operations Shaun Usmar - Chief Executive Officer of Vale Base Metals Conference Call Participants Rafael Barcellos - Bradesco BBI Caio Greiner - UBS Caio Ribeiro - Bank of America Daniel Sasson ...

Vale's 1Q25 Performance April 25th, 2025 S11D mine Disclaimer To obtain further information on factors that may lead to results different from those forecast by Vale, please consult the reports Vale files with the U.S. Securities and Exchange Commission (SEC), the Brazilian Comissão de Valores Mobiliários (CVM) and in particular the factors discussed under "Forward-Looking Statements" and "Risk Factors" in Vale's annual report on Form 20-F." (a) the countries where we operate, especially Brazil, Canada and ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

United States Securities and Exchange Commission Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of April 2025 Vale S.A. Praia de Botafogo nº 186, 18º andar, Botafogo 22250-145 Rio de Janeiro, RJ, Brazil (Address of principal executive office) (Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.) (Check One) Form 20-F x Form 40-F ¨ Parauap ...