Vale S.A. announced operating results for the fourth quarter and full year 2022. For the quarter, the company reported iron ore production of 80,852,000 metric tons against 81,678,000 metric tons a year ago. Pallets production was 8,261,000 metric tons against 9,073,000 metric tons a year ago. Nickel production was 47.4 kt against 48.0 kt a year ago. Copper production was 66.3 kt against 77.5 kt a year ago. Cobalt production was 529,000 metric tones against 603,000 metric tones a year ago. Gold production was 74,000 ounces troy against 89,000 ounces troy a year ago.

For the Year, Company reported iron ore production of 307,793,000 metric tons against 312,901,000 metric tons a year ago. Pallets production was 32,111,000 metric tons against 31,708,000 metric tons a year ago. Copper production was 253.1 kt against 296.8 kt a year ago. Cobalt production was 2,519,000 metric tones against 2,474,000 metric tones a year ago. Gold production was 289,000 ounces troy against 364,000 ounces troy a year ago.