Where is Vale S.A. (VALE) Headed?

Group 1 - Vale S.A. is considered one of the top cheap stocks under $20, with a price target raised to $13 from $12 by Wells Fargo analyst Timna Tanners, maintaining an Equal Weight rating due to supply constraints potentially supporting aluminum and copper prices through fiscal Q3 2026 [1] - Vale S.A. signed an agreement with Caterpillar and Sotreq on December 8 for the expansion of its fleet of autonomous haul trucks in iron ore operations in the Northern System, located in the Carajás region of Pará [2] - The Northern System currently operates 14 autonomous haul trucks with a capacity of up to 320 tons, and the new agreement aims to expand the fleet to around 90 autonomous trucks by 2028, utilizing Cat® MineStar™ Command for hauling [4] Group 2 - The technology for autonomous haul trucks will be gradually expanded over the next five years at the Serra Norte and Serra Sul units, enhancing safety standards, operational efficiency, and sustainability [3] - Vale S.A. produces and exports various materials including copper, pellets, iron ore, manganese, and iron alloys, with operations divided into Energy Transition Materials, Iron Solutions, and Coal and Others segments [5]