Vale Q3 Iron Ore Production Falls 6%

07:51 PM EDT, 10/29/2026 (MT Newswires) -- Vale S.A (VALE) Q3 iron ore production fell on lower output at its Serra Norte mine in northern Brazil, the company said Thursday. The world's largest iron ore producer made 88.35 million metric tons, down about 6% from a year earlier and below the 91.64 million-ton average analyst estimate. Vale said it continued to ramp up other Brazilian operations. Vale kept its 2026 iron ore production guidance at 335 million to 345 million tons and said it is confident of reaching the low end of the range.