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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.
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