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Vale S A SEC Filings

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Welcome to our dedicated page for Vale S A SEC filings (Ticker: VALE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

The Vale S.A. (VALE) SEC filings page provides access to the company’s official disclosures as a foreign private issuer listed on the New York Stock Exchange. Vale files annual reports on Form 20‑F and frequent current reports on Form 6‑K, which together describe its iron ore, base metals and logistics businesses, governance structure, risk management framework and capital structure.

Form 20‑F annual reports contain detailed information on Vale’s business segments, including Iron Ore Solutions and Vale Base Metals, mineral reserves and resources, risk factors, sustainability and dam management practices, and financial statements prepared in accordance with applicable standards. These documents are central for understanding how Vale presents its global mining and logistics operations, environmental and social responsibilities, and exposure to commodity and regulatory risks.

Form 6‑K current reports capture material updates between annual filings. Recent 6‑Ks include press releases about payments of interest and principal on debentures, notices of relevant changes in institutional shareholdings, schedules for quarterly production, sales and financial performance reports, and approvals or updates to corporate policies on topics such as risk management, group business and entity management, and water and water resources. Some 6‑Ks also reproduce internal corporate policies that explain how Vale classifies subsidiaries, manages joint ventures, and organizes its integrated risk governance.

For investors monitoring capital allocation and shareholder returns, filings may disclose share repurchase activity by Vale and its affiliates, as well as information on outstanding American Depositary Shares and common shares. They also provide context on how Vale manages business risks, including safety, environmental, operational and financial risks, through its Integrated Risk Map, Risk Appetite methodology and Lines of Defense model.

On this page, Stock Titan pairs Vale’s raw SEC filings with AI‑powered summaries that highlight key points from lengthy documents, helping users quickly identify items such as new policies, financing transactions, changes in ownership positions and updates on risk and sustainability frameworks. Real‑time ingestion from EDGAR means new 6‑Ks and 20‑Fs appear promptly, while structured views of Form 6‑K, annual reports and other disclosures make it easier to navigate Vale’s regulatory history.

Rhea-AI Summary

Vale S.A. reports that its Board of Directors has appointed Marcio Antonio Chiumento to fill a vacant seat on the Board. Chiumento has more than two decades of experience in the financial industry, including senior roles at Banco do Brasil and Previ, Brazil’s largest private pension fund entity.

He currently serves as CEO of Previ and has a background in investments, finance, corporate governance and strategic management, supported by graduate degrees in management, finance and law. Vale’s Board plans to submit ratification of his appointment to the Shareholders’ General Meeting, expected to be convened on March 12, 2026 and held on April 30, 2026.

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Vale S.A. updated its estimates for copper project investments and 2026 cash flow. The company now expects to invest US$ 3.5 billion in copper projects in the Carajás region between 2026 and 2030, with annual CAPEX rising from US$ 0.3 billion in 2026 to US$ 1.1 billion in 2030. These investments include the Bacaba project, which is under implementation.

Vale estimates Base Metals’ Free Cash Flow of about US$ 1.1 billion in 2026, in real terms, based on forward copper prices of US$ 12,738–12,870 per metric ton and nickel prices of US$ 17,133–17,691 per metric ton from March to December. It also projects Free Cash Flow to Equity of US$ 4.6–5.7 billion in 2026, implying an FCFE yield of approximately 7.0–8.5%. These FCFE figures use sell-side 2026 pro forma EBITDA consensus of US$ 17.5 billion and assume CAPEX of US$ 5.4–5.7 billion, net financial expenses and taxes of US$ 2.1–2.5 billion, around US$ 0.7 billion of Brumadinho and dam decharacterization expenses, US$ 0.9–1.1 billion related to associates and joint ventures, and US$ 2.7–2.9 billion of other disbursements.

Vale highlights that these are expectations based on current market conditions and may change, and it will update its Brazilian Reference Form to reflect the new estimates.

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Vale S.A. reported that Board member João Luiz Fukunaga has submitted his resignation from the company’s Board of Directors. Fukunaga had served as a Board member since 2023 and the company expressed its thanks for his contributions.

Under Vale’s Bylaws, the Board of Directors, supported by the Nomination and Governance Committee, will evaluate the necessary measures to address this vacancy in the coming days and has stated it will keep the market duly informed about further developments.

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Vale S.A. reports that its subsidiary Vale Base Metals is forming a new four-party consortium for the Thompson Nickel Belt in Manitoba with Exiro Minerals, Orion Resources Partners and Canada Growth Fund. Exiro, Orion and CGF will collectively hold 81.1% of a new company, while Vale Base Metals will retain an 18.9% minority stake.

The consortium partners have committed to investing up to US$ 200 million to support the future of nickel mining in Thompson. Vale Base Metals has also signed an offtake agreement for nickel concentrate from the Thompson Mill, helping it maintain its strategic position as a leading nickel producer in Canada. The transaction is expected to close by the end of 2026, subject to regulatory and government approvals.

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Vale S.A. filed a report updating the internal regulations of its Audit and Risks Committee, a permanent board committee that supports the Board of Directors on oversight of financial reporting, compliance, risk management, and internal and independent audits.

The Committee will have three to five independent board members, including at least one designated financial specialist, with a maximum tenure of 10 years followed by a three-year cooling-off period before returning. Members must meet Brazilian corporate law requirements and specific independence criteria regarding employment, auditor relationships, family ties and control.

The regulations detail broad duties: monitoring the quality and integrity of financial statements, overseeing related-party transactions, compliance and whistleblower channels, reviewing risk management (including dam safety and cyber risks), and supervising internal controls, internal audit and independent auditors. The Committee has operational autonomy and a specific budget, meets at least every two months, and must prepare minutes, an annual workplan and an annual report, as well as perform a yearly self-assessment and interact regularly with the Fiscal Council, Chief Audit and Compliance Officer and independent auditors.

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Vale S.A. reported solid underlying operations in 4Q25 but a headline loss driven by non-cash items. Net operating revenue rose to US$11,060 million, up 9% year over year, while Proforma EBITDA increased 17% to US$4,834 million on stronger copper and nickel performance and higher iron ore and copper volumes.

Despite this, net income attributable to shareholders swung to a US$3,844 million loss in 4Q25 and fell to US$2,352 million in 2025 from US$6,166 million in 2024. Results were hit by a US$3.5 billion impairment on Canadian nickel assets and a US$2.8 billion write-off of deferred tax assets, plus higher Samarco provisions.

Cash generation remained strong: Recurring Free Cash Flow reached US$1,688 million in 4Q25 and US$4,762 million in 2025, while expanded net debt declined to US$15,579 million. Vale continued heavy capital spending of US$5,507 million in 2025 and plans US$1.8 billion in dividends and interest on capital in March, following a US$1.0 billion extraordinary payout in January.

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Vale S.A. reported strong 4Q25 operating results but a large accounting loss. Net operating revenue reached US$ 11,060 million, up 9% year-on-year, while Proforma EBITDA was US$ 4.8 billion, 17% higher, driven mainly by Vale Base Metals.

However, net income attributable to shareholders was US$ -3.8 billion, due to a US$ 3.5 billion impairment on Canadian nickel assets and a US$ 2.8 billion write-off of deferred tax assets. For 2025, Proforma net income attributable to shareholders rose 28% to US$ 7.8 billion.

Recurring free cash flow reached US$ 1.7 billion in 4Q25 and US$ 4.8 billion in 2025, up 26% year-on-year, while expanded net debt fell 5% to US$ 15.6 billion. Vale plans to distribute US$ 1.8 billion in dividends and interest on capital in March, in addition to US$ 1.0 billion paid in January.

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FAQ

What is the current stock price of Vale S A (VALE)?

The current stock price of Vale S A (VALE) is $15.34 as of March 11, 2026.

What is the market cap of Vale S A (VALE)?

The market cap of Vale S A (VALE) is approximately 66.7B.

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66.72B
4.27B
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