Vale Q2 Iron Ore Output Tops Visible Alpha Estimate
Vale produced 84.3 million tonnes of iron ore in the second quarter of 2026, up 0.8% year on year and its biggest Q2 since 2018, beating the Visible Alpha consensus of 82.2 million tonnes. Sales rose 3.1% to 79.7 million tonnes against an expected 78.2 million, helped by record S11D output; full-year guidance was held at 335-350 million tonnes.
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