Vale lifts 2026 iron ore C1 cash cost guidance to US$22.5-US$23.5 per ton - VALE News | RalliesVale lifts 2026 iron ore C1 cash cost guidance to US$22.5-US$23.5 per ton
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VALE• 2026 cost and production guidance
- Vale lifted 2026 iron ore unit cost guidance, with C1 cash cost seen at US$22.5-23.5/t versus US$20-21.5/t previously.
- All-in iron ore cost forecast rose to US$58-62/t from US$52-56/t.
- Copper all-in cost outlook improved to US$0-500/t from US$1,000-1,500/t; nickel to US$10,000-11,500/t from US$12,000-13,500/t.
- Production guidance increased to 360-380 kt for copper from 350-380 kt; nickel to 185-200 kt from 175-200 kt.
- Assumptions include average USD/BRL 5.13, Brent at US$86/bbl, gold at US$4,390/troy oz, copper at US$13,236/t.
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