VALE Posts Strong 2025 Output: Can Expansion Drive Future Gains?

Key Takeaways Vale S.A (VALE) delivered a strong operational performance in 2025, with iron ore, copper and nickel production exceeding expectations. Iron ore and copper output reached the highest levels since 2018, while nickel production was the strongest since 2022. Iron ore production for the year was around 336 Mt, up 2.6% year over year and above the company's latest guidance of 335 MT. Copper output rose 9.8% to about 382 kt, above the expected 370 kt. Nickel production was roughly 177 kt, 10.8% high ...