Vale made $1.255 billion in profit last quarter, down 53.3%, but sales went up 1.7%.

Oct 30, 2026, 9:06 PM ETResultsRead the original at democrata.es

Bad for VALE

Vale's profit fell 53% from a year earlier as iron ore prices fell and fuel and freight costs rose. Sales rose 2% and its yearly output plan stayed unchanged, but the profit drop outweighs those signs of steadiness.

VALE · Vale S.A.

AI read · Bad for VALE

The AI's read

That leaves Vale with less profit from its work, even though sales rose 2%. Lower iron ore prices and higher fuel and freight bills explain the drop. Its unchanged yearly output plan offers some steadiness, but it does not make up for the fall in profit.

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