Vale lifts 2026 iron ore C1 cash cost forecast to USD 22.5-23.5/t - VALE News | RalliesVale lifts 2026 iron ore C1 cash cost forecast to USD 22.5-23.5/t
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VALE• Vale raises iron ore cost outlook and trims copper and nickel cost guidance
- Vale lifted 2026 iron ore C1 cash cost guidance to US$ 22.5-23.5 per ton from US$ 20-21.5.
- All-in iron ore cost outlook rose to US$ 58-62 per ton from US$ 52-56.
- All-in copper cost guidance cut to US$ 0-500 per ton from US$ 1,000-1,500; all-in nickel cost cut to US$ 10,000-11,500 from US$ 12,000-13,500.
- Estimated 2026 production volumes lifted to 360-380 kt of copper from 350-380; nickel raised to 185-200 kt from 175-200.
- Assumptions include average USD/BRL 5.13, Brent at US$ 86 per barrel; gold at US$ 4,390 per troy ounce.
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