Vale S.A. announced operating results for the fourth quarter and full year 2023. For the quarter, the company reported iron ore production of 89,397,000 metric tons against 80,852,000 metric tons a year ago. Pallets production was 9,851,000 metric tons against 8,261,000 metric tons a year ago. Nickel production was 44.9 kt against 47.4 kt a year ago. Copper production was 99.1 kt against 66.3 kt a year ago. Cobalt production was 549,000 metric tones against 529,000 metric tones a year ago. Gold production was 123,000 ounces troy against 74,000 ounces troy a year ago. Platinum production was 31,000 ounces troy against 25,000 ounces troy a year ago. Palladium production was 39,000 ounces troy against 33,000 ounces troy a year ago.

For the Year, the company reported iron ore production of 321,154,000 metric tons against 307,793,000 metric tons a year ago. Pallets production was 36,455,000 metric tons against 32,111,000 metric tons a year ago. Copper production was 326.6 kt against 253.1 kt a year ago. Nickel production was 164.9 kt against 179.1 kt a year ago. Cobalt production was 1,959,000 metric tones against 2,434,000 metric tones a year ago. Gold production was 410,000 ounces troy against 289,000 ounces troy a year ago. Platinum production was 125,000 ounces troy against 102,000 ounces troy a year ago. Palladium production was 149,000 ounces troy against 127,000 ounces troy a year ago.