Commodities
Vale Updates Copper and Nickel All-In Cost Guidance
Vale, one of the world's largest mining companies, has updated its all-in cost guidance for copper and nickel production. The new estimates reflect strong operational performance and higher-than-expected gold by-product prices.
The company notes that these estimates are hypothetical and do not constitute a performance guarantee. They are subject to market conditions beyond Vale's control and may be revised in the future.
Vale will refile its Reference Form within the timeframe established by CVM Resolution No. 80/2022, incorporating the updated estimates.