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Vale’s Adjusted EBITDA Falls $ 2.7 Billion YoY in Q1 2023, Citing Lower Iron Ore Prices and Sales, as Well as Higher Costs

  • avr. 28, 2023, at 5:35 pm
  • 淡水河谷
Vale reported proforma adjusted EBITDA from continued operations of US$ 3.7 billion in Q1, down US$ 2.7 billion y/y, mainly reflecting lower realized prices of iron ore fines and pellets, lower sales of iron ore fines and higher costs, according to its quarterly earnings report.
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