全球铁矿石老大易主，淡水河谷时隔七年重返巅峰

Core Insights - The report indicates that Vale has reclaimed the top position in iron ore production for the first time in seven years, with a production of 336 million tons in 2025, marking a 2.56% increase compared to the previous year [1] Group 1: Company Performance - Rio Tinto's iron ore production from the Pilbara region reached 327 million tons in 2025, reflecting a slight decline of 0.21% year-on-year [1] - BHP's iron ore production amounted to 292 million tons, showing a modest increase of 0.8% compared to the previous year [1] - Fortescue Metals Group processed 203 million tons of iron ore, achieving a year-on-year growth of 5.41% [1]