Net sales increased by 1 percent to $38.403 billion, while production costs increased by 3 percent to $24.947 billion. Gross profit decreased by 2 percent to $13.456 billion, while operating profit decreased significantly by 45 percent, reaching $5.897 billion. This decrease is primarily due to a decrease in recoverable value and asset write-offs totaling $4.599 billion, compared with a profit of $301 million from these accounts in 2024.
In 2025, Vale's iron ore business accounted for 75 percent of the company's EBITDA, while iron ore pellets were equivalent to 13 percent and other ferrous metal minerals accounted for 1 percent.
Sales of iron ore fines in 2025 reached 273.027 million tons, pellets – 32.801 million tons, ordinary – 8.530 million tons




