Vale S.A. updated production guidance for the fiscal year 2024, 2025, 2026, 2030 and 2035. For 2024, the company expects Iron ore of ~328 Mt, Iron ore - agglomerates of ~38 Mt, Iron ore - from reused tailings of ~10 Mt, Copper of ~345 kt and Nickel of ~160 kt. For 2025, the company expects Iron ore of 325 Mt - 335 Mt, Iron ore - agglomerates of 38 Mt - 42 Mt, Copper of 340 kt - 370 kt and Nickel of 160 kt-175 kt.
For 2026, the company expects Iron ore of 340 Mt - 360 Mt, Iron ore - agglomerates of 45 Mt-50 Mt, Copper of 350 kt - 380 kt and Nickel of 175 kt - 210 kt. For 2030, the company expects Iron ore of ~360 Mt, Iron ore - agglomerates Of 60 Mt to 70 Mt, Iron ore - from reused tailings of >30 Mt, Copper of 420 kt- 500 kt and Nickel of 210 kt - 250 kt. For 2035, the company expects Copper of~700 kt.