Economy
Vale posts R$ 6.436 billion net profit in the third quarter
The miner's adjusted Ebitda dropped 28% in reais and sales revenue fell 4%, pressured by lower international iron ore prices and rising costs.
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The essentials of this story
- What happened
- Vale recorded a net profit of R$ 6.436 billion in the third quarter of 2026, a 53% drop compared to the same period in 2025.
- Who is affected
- Shareholders, investors, and the mining market.
- What changes
- The miner saw its revenue and Ebitda fall year-over-year, pressured by the decline in iron ore prices, increases in operating and freight costs, and provisions related to the disasters in Mariana and Brumadinho.
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