Vale's Q2 Earnings: Lower EBITDA, Reiterates 2025 Projection

Wednesday, Aug 27, 2025 3:18 am ET1min read

Vale S.A. reported Q2 pro forma EBITDA of $3.42 billion, down from $3.99 billion in the previous year, and revenue of $8.8 billion, down from $9.92 billion. The company reiterated its 2025 projection and highlighted good operational execution. CEO Gustavo Pimenta acknowledged continuous success in safety programs and strategic cost reductions. The firm achieved a milestone with the preliminary license approval for its first copper mine project under the New Carajás program, supporting future growth.

Vale S.A. (VALE) reported its Q2 2025 pro forma EBITDA of $3.42 billion, down from $3.99 billion in the previous year, and revenue of $8.8 billion, down from $9.92 billion. The company reiterated its 2025 projection and highlighted good operational execution. CEO Gustavo Pimenta acknowledged continuous success in safety programs and strategic cost reductions. The firm achieved a milestone with the preliminary license approval for its first copper mine project under the New Carajás program, supporting future growth.

In a statement, CEO Pimenta noted, "We have continued to demonstrate strong operational execution, with significant achievements in safety and cost reduction. The preliminary license approval for our first copper mine project under the New Carajás program is a significant milestone that will drive future growth."

Vale's Q2 results reflect a challenging market environment, particularly in the iron ore segment. The company's iron ore production declined due to market oversupply and lower prices, impacting revenue. However, the company's strategic focus on cost reductions and operational efficiency has helped mitigate the impact on EBITDA.

The company's forward-looking projections indicate a commitment to maintaining its competitive position in the mining sector. The approval of the New Carajás copper mine project underscores Vale's long-term growth strategy, leveraging its strong operational capabilities and strategic partnerships.

Vale's stock has shown resilience, with analysts maintaining a mixed outlook. Recent analyst reports suggest a range of target prices from $11.50 to $14.50, reflecting varying assessments of the company's performance and future prospects.

References:
[1] https://finviz.com/quote.ashx?e=2025-08-22&p=d&t=VALE&ta=1&ty=ocv

Vale's Q2 Earnings: Lower EBITDA, Reiterates 2025 Projection

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