Vale S.A. is a global mining and metals company headquartered in Brazil and listed in São Paulo and New York. The company is one of the world’s largest producers of iron ore and nickel and operates significant copper, manganese, and logistics businesses. Its strategy prioritises safe production, high‑quality iron ore products, base metals growth aligned with the energy transitio,n and disciplined capital allocation.
Vision, Missio,n and Values
Vale’s purpose is to improve life and transform the future together. The company seeks to create long‑term value through operational excellence, innovation, and responsible stewardship of people and the environment. Climate commitments include a 33 percent reduction in Scope 1 and 2 emissions by 2030 from a 2017 baseline, and net‑zero operations by 2050, together with initiatives to support Scope 3 reductions with steelmaking customers.
Mining Operations
Vale’s iron ore business is organised into integrated systems in northern and southeastern Brazil, encompassing mines, processing plants, railways and ports. The S11D complex in the Carajás region is a flagship high‑grade operation that pioneered large‑scale in‑pit crushing and conveying with a predominantly truckless mining concept. Across the portfolio, product development and blending strategies support premium pellet feed and fines for low‑carbon steelmaking pathways.
In base metals, Vale produces nickel and copper from operations in Brazil, Canada and Indonesia, supported by refineries and smelters. The company has reorganised these assets under Vale Base Metals to accelerate growth in metals critical to electrification while improving safety and reliability.
Projects and Growth Pipeline
Key projects include replacement and growth mines across the Northern and Southeastern Systems in iron ore, debottlenecking of pellet capacity, and safety‑led dam decharacterisation programmes. In base metals, Vale Base Metals is advancing brownfield expansions and new projects across Brazil, Canada and Indonesia, supported by strategic partnerships to fund growth.
Geographic Presence
Vale’s principal operating regions are Brazil and Canada, with additional assets and partnerships in Indonesia, New Caledonia and multiple markets served by dedicated logistics networks and distribution centres.
Financial Performance
For 2024, Vale reported strong operational performance with its highest iron ore output since 2018 and pro‑forma EBITDA of approximately 15.4 billion US dollars, reflecting market price dynamics and continued cost discipline. Capital expenditures were around 6 billion dollars as the company invested in safety, maintenance and growth projects.
Sustainability and Corporate Social Responsibility
Vale’s sustainability priorities include dam safety, tailings risk reduction, decarbonisation, water and biodiversity management, and transparent engagement with affected communities. The company has increased renewable electricity sourcing and is pursuing solutions with steelmaking customers to reduce downstream emissions.
Partnerships and Customers
Vale works with industrial and financial partners to develop its base metals business and collaborates with steelmakers on high‑grade iron ore and low‑carbon product pathways. Customers include blast furnace and direct reduction steel producers across Asia, the Middle East, Europe and the Americas, as well as battery and electronics supply chains for nickel and copper.
Recent Developments
Recent updates include progress on replacement mines in the Southeastern System, continued operational stability at S11D with technology upgrades, completion of a strategic investment in Vale Base Metals by Manara Minerals, and disclosures indicating improved iron ore production versus 2018 levels.
Challenges and Opportunities
The company continues to address dam management and legacy issues while navigating price cycles, logistics bottlenecks and permitting timelines. Opportunities include premium pricing for high‑grade iron ore, growth in battery metals demand and efficiency gains from process innovation and digital tools.
Contact Information
Further information and investor materials are available at https://vale.com and through Vale’s investor relations channels.
