Vale S.A. Updates 2024 Production Estimates
Ticker: VALE · Form: 6-K · Filed: Sep 11, 2024 · CIK: 917851
| Field | Detail |
|---|---|
| Company | Vale S.A. (VALE) |
| Form Type | 6-K |
| Filed Date | Sep 11, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: production-update, mining, estimates
TL;DR
Vale S.A. updated 2024 iron ore and nickel production targets.
AI Summary
Vale S.A. announced on September 11, 2024, an update to its production estimates for 2024. The company now projects iron ore production to be between 323 and 330 million tonnes, and nickel production between 153 and 168 kilotonnes.
Why It Matters
This update provides investors with revised production targets, which can impact future revenue and profitability projections for Vale S.A.
Risk Assessment
Risk Level: low — The filing is a routine update of production estimates and does not contain significant new risks.
Key Numbers
- 323-330 Mt — Iron Ore Production Estimate (Revised 2024 production target for Vale S.A.)
- 153-168 Kt — Nickel Production Estimate (Revised 2024 production target for Vale S.A.)
Key Players & Entities
- Vale S.A. (company) — Filer of the report and subject of the production estimates
- September 11, 2024 (date) — Date of the press release and filing
- 323-330 Mt (dollar_amount) — Updated estimated iron ore production volume for 2024
- 153-168 Kt (dollar_amount) — Updated estimated nickel production volume for 2024
FAQ
What is the new estimated iron ore production range for Vale S.A. in 2024?
Vale S.A. estimates its iron ore production for 2024 to be between 323 and 330 million tonnes.
What is the new estimated nickel production range for Vale S.A. in 2024?
Vale S.A. estimates its nickel production for 2024 to be between 153 and 168 kilotonnes.
When was this production estimate update announced by Vale S.A.?
The production estimate update was announced on September 11, 2024.
What type of filing is this report?
This report is a Form 6-K, a Report of Foreign Private Issuer.
What is the primary business of Vale S.A. according to the filing?
According to the filing, Vale S.A. is in the METAL MINING industry.
Filing Stats: 493 words · 2 min read · ~2 pages · Grade level 11.4 · Accepted 2024-09-11 08:18:21
Filing Documents
- vale20240911_6k.htm (6-K) — 17KB
- vale202409116k_001.jpg (GRAPHIC) — 2KB
- 0001292814-24-003434.txt ( ) — 22KB
Signatures
Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Vale S.A. (Registrant) By: /s/ Thiago Lofiego Date: September 11, 2024 Director of Investor Relations