Vale sees Q1 profit, revenues drop on lower iron ore prices

Iron Ore reclaimer machine and stockpile

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Vale (NYSE:VALE) -1.4% pre-market Friday after posting a decline in Q1 earnings compared to the year-earlier quarter due to lower iron ore prices and weaker sales.

Vale (NYSE:VALE) reported Q1 net profit fell 17% Y/Y to $1.39B, below $1.68B in an LSEG analyst

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