Vale S.A. Updates Production Estimates for 2024-2035
Ticker: VALE · Form: 6-K · Filed: Dec 3, 2024 · CIK: 917851
| Field | Detail |
|---|---|
| Company | Vale S.A. (VALE) |
| Form Type | 6-K |
| Filed Date | Dec 3, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $2,470, $2,485, $2,211 |
| Sentiment | neutral |
Sentiment: neutral
Topics: production-update, iron-ore, estimates
TL;DR
Vale S.A. just dropped updated iron ore production targets through 2035 - check the numbers!
AI Summary
Vale S.A. announced an update to its production estimates on December 3, 2024. For iron ore, the company projects approximately 328 million tonnes (Mt) in 2024, with a range of 325-335 Mt for 2025, and provides estimates for 2026, 2030, and 2035.
Why It Matters
This update provides investors and analysts with revised production forecasts, which can impact future revenue and profitability expectations for Vale S.A.
Risk Assessment
Risk Level: low — This filing is a routine update of production estimates and does not contain significant new risks or material adverse events.
Key Numbers
- ~328 Mt — 2024 Iron Ore Production Estimate (Current year's projected output)
- 325-335 Mt — 2025 Iron Ore Production Estimate (Next year's projected output range)
Key Players & Entities
- Vale S.A. (company) — Filer of the report and subject of the production estimates
- December 3, 2024 (date) — Date of the press release and estimate update
FAQ
What is Vale S.A.'s estimated iron ore production for 2024?
Vale S.A. estimates its iron ore production to be approximately 328 million tonnes (Mt) for 2024.
What is the projected iron ore production range for Vale S.A. in 2025?
Vale S.A. projects its iron ore production to be between 325 and 335 million tonnes (Mt) for 2025.
When did Vale S.A. issue this update on production estimates?
Vale S.A. issued this update on December 3, 2024.
What is the filing form type for this report?
The filing form type is a 6-K.
Does the filing provide production estimates beyond 2025?
Yes, the filing provides estimated production volumes for 2026, 2030, and 2035.
Filing Stats: 1,021 words · 4 min read · ~3 pages · Grade level 7.8 · Accepted 2024-12-03 07:57:45
Key Financial Figures
- $2,470 — mium. (3) Considering gold prices of US$2,470/troy ounce for 2024, US$2,485/troy ounc
- $2,485 — ices of US$2,470/troy ounce for 2024, US$2,485/troy ounce for 2025 and US$2,211/troy o
- $2,211 — 024, US$2,485/troy ounce for 2025 and US$2,211/troy ounce for 2026. Fixed expenditure
Filing Documents
- vale20241203_6k.htm (6-K) — 66KB
- image_001.jpg (GRAPHIC) — 2KB
- 0001292814-24-004404.txt ( ) — 71KB
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: December 3, 2024 Director of Investor Relations