On July 22, 2025, Vale (BHP) released its production and sales report for Q2 2025.
In terms of production: In Q2 2025, Vale's total iron ore production was 83.6 million mt, up 3 million mt YoY, representing a 4% increase. The main drivers were the strong performance of the Brucutu operation area, which achieved robust results with the commissioning of the fourth beneficiation line for trial operation, and the S11D mine, which set a new production record for Q2. Total pellet production was 7.9 million mt, down 1 million mt YoY, representing a 12% decrease, which was in line with the revised production guidance for 2025.
In terms of sales: Vale's total iron ore sales in Q2 were 77.3 million mt, down 2.4 million mt YoY, representing a 3% decrease, due to the company's implementation of a product portfolio optimization strategy that prioritized the supply of medium-grade products.
Vale's iron ore production for 2025 is expected to range between 325 million mt and 335 million mt
