How did Vale's revenue and expenses shift in Q4 2024?

Vale's revenue and expenses in Q4 2024 showed a notable shift, with the company's total revenue reaching $10.12 billion, while the cost of goods sold amounted to $6.27 billion. The gross margin for the period was 36.24%, representing a slight decrease of 0.97% compared to the previous quarter. Operating expenses were not provided, but the focus on cost control and the slight decline in gross margin indicate that Vale may have faced challenges in managing its expenses relative to revenue during this period. |code|Ticker|Name|Date|Cost of Goods Sold|Depreciation and Amortization|Gross Profit|Total Revenue|Operating Expenses|market_code| |---|---|---|---|---|---|---|---|---|---| |VALE|VALE.N|Vale|2023 Q4|6.891E9||6.163E9|1.3054E10||169| |VALE|VALE.N|Vale|2024 Q1|5.367E9||3.092E9|8.459E9||169| |VALE|VALE.N|Vale|2024 Q2|6.349E9||3.571E9|9.92E9||169| |VALE|VALE.N|Vale|2024 Q3|6.281E9||3.272E9|9.553E9||169|