Bradespar NAV totals BRL 12.95 billion as of Aug. 31
VALE•Vale stake and cash position
NAV reflected a 3.84% stake in Vale common shares valued at R$ 12.72 billion. Net cash totaled R$ 229,178 as of Aug. 31, 2026.
Net asset value and market discount
Bradespar reported net asset value of R$ 12.95 billion as of Aug. 31, 2026. Market value stood at R$ 8.23 billion, implying a 36.4% discount to NAV.




