Vale sees modest gains in iron ore production, surging copper output in coming years

Reclaimer working on an iron ore site under blue sky

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Vale (NYSE:VALE) -0.7% in Tuesday’s trading after saying at its Investor Day in New York that it expects to produce 325M-335M metric tons of iron ore in 2025, roughly flat compared to output of ~328M tons this year.

The company also said

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