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Vale Base Metals Sees Growth Amid Falling Prices

4/26/2025

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Story summary
  • Vale Base Metals begins the year strong, with C1 cash costs at US$ 21/t, showing a downward trend.
  • Iron ore sales grew by 4%, while copper and nickel sales surged by 7% and 18%, respectively.
  • Proforma EBITDA fell 8% year-over-year to US$ 3.2 billion due to declining metal prices.
  • Capital expenditures reached US$ 1.2 billion, consistent with the 2025 strategic plan.
  • Net debt rose to US$ 18.2 billion, driven by dividends and interest payments.