Vale Sees 2026 Iron Ore All-In Costs at US$ 58-62 per Ton
Bitget2026/10/30 14:14- Vale expects to meet 2026 iron ore production guidance of 335 million–345 million metric tons.
- Fourth-quarter output should recover as Serra Norte production rises and Fábrica restarts, following third-quarter operating restrictions.
- Iron ore C1 cash cost guidance remains USD 22.5–23.5 per ton; all-in costs are forecast at USD 58–62 per ton.
- Copper output is tracking toward the upper half of 360,000–380,000 tons; nickel is heading toward the upper half of 185,000–200,000 tons.
- The approximately USD 215 million Salobo CPF project is expected to start in the first half of 2028, adding about 30,000 copper tons annually.
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