Vale presents 2025 iron ore production of 336 million tons
VALE•Vale reported 2025 iron ore production of 336 million metric tons and net operating revenue of US$38.4 billion. Pro forma EBITDA was US$15.9 billion, capital expenditure was US$5.5 billion, and year-end expanded net debt was US$15.6 billion.
1. Production and revenue
Vale’s investor presentation reported 2025 iron ore production of 336 million metric tons and pellet output of 31 million metric tons. Net operating revenue was US$38.4 billion, with pro forma EBITDA of US$15.9 billion.
2. Spending and debt
Capital expenditure totaled US$5.5 billion, while dividend and interest-on-equity payments reached US$3.6 billion. Expanded net debt stood at US$15.6 billion at year-end.
