Vale S.A. scheduled an Extraordinary General Meeting for July 22, 2026, to elect a new board chairman. Major shareholder Previ requested the vote, which has generated significant market anticipation regarding future governance. The Brazilian regulator CVM sought clarifications from the company following shareholder inquiries ahead of the meeting.
Iron ore production reached 84.3 million metric tons during the second quarter. This volume represents a 0.8% year-over-year increase and the highest output for the period since 2018. Iron ore sales rose 3.1% to 79.7 million metric tons. Record production at the S11D mine supported these sales volumes. Copper and nickel sales also recorded year-over-year growth.