OPERATIONS

Vale revenue down 11% on lower iron ore shipments and prices

Weak prices partially offset by strong copper and nickel performance

Vale's Thompson nickel operations in Manitoba, Canada

Vale's Thompson nickel operations in Manitoba, Canada | Credits: Timkal via Wikimedia Commons

Vale reported an 11% drop in revenue year-on-year to $8.8 billion for the June quarter of 2025, due to lower iron ore shipments and lower iron ore prices. The Brazilian miner had a total adjusted EBITDA...

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