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.
Vale S.A. filings document the disclosure record of a foreign private issuer whose American depositary receipts trade under VALE. Its Form 6-K reports cover interim financial statements, operating and financial results, material-event disclosures, capital-structure matters, governance updates, and communications also made under Brazilian market rules.
The filing record includes annual and extraordinary meeting materials, shareholder voting maps, minutes, ADR voting mechanics, and current reports on capital-allocation and strategic matters. Vale's Form 20-F framework and related disclosures address risk factors for mining operations, metals prices, capital markets, competition, and the jurisdictions where the company operates, including Brazil and Canada.
Vale SA reports that Capital World Investors now beneficially owns 341,261,769 shares, representing 8.0% of the company's common stock. The filing states shares outstanding were 4,269,514,353 (basis for the percentage) and that 104,839,174 Depository Receipts are included in the reported total.
The Schedule 13G lists voting and dispositive authority: sole power to vote 340,885,450 shares and sole power to dispose 341,261,769 shares. The reporting entity is described as Capital World Investors, a division of Capital Research and Management Company and affiliated investment management entities.
Vale S.A. updated its outlook, highlighting higher expected cash generation from iron ore and detailed price sensitivities for its nickel business. For 2026, the Iron Ore Solutions segment now projects an increase of about US$1.5 billion in free cash flow, driven mainly by roughly US$1.2 billion higher EBITDA and around US$425 million from foreign exchange and fuel hedging, partially offset by about US$0.1 billion more sustaining capital expenditures.
The revision compares a pre‑conflict scenario using January–February 2026 price levels with a post‑conflict scenario reflecting stronger iron ore and oil prices and a different BRL/USD rate. Vale also presented nickel segment sensitivities, showing how annual EBITDA and free cash flow could change in 2026 and 2027 at nickel prices between US$16,000 and US$20,000 per tonne, based on analysts’ consensus prices for copper, cobalt, gold, platinum and palladium. The company stresses these are hypothetical estimates, not performance guarantees, and they may be revised as market conditions evolve.
Vale S.A. submitted an update explaining that its review of potential investment opportunities, such as the scenario mentioned in a press report about Porto Sudeste, occurs in the ordinary course of business and follows its strategic priorities. The company emphasizes that any capital allocation decisions go through a rigorous evaluation process and comply with its governance policies and procedures. Vale states it will keep the market properly informed of any material developments and includes a standard caution that forward-looking statements are subject to risks related to its operating countries, the global economy, capital markets, commodity prices and competition.
Vale S.A. reported the results of its Annual and Extraordinary General Meetings held on April 30, 2026, based on Final Synthetic Voting Maps representing 3,500,776,167 shares at the Annual Meeting and 3,500,122,014 shares at the Extraordinary Meeting, equal to 82.1% of voting capital.
Shareholders voted on the 2025 financial statements, profit allocation, 2026 compensation for management and the Fiscal Council, and slates for the Fiscal Council. They also addressed ratification of a Board member, mergers of wholly owned subsidiaries Baovale Mineração S.A. and CDA Logística S.A., and related valuation matters.
The Extraordinary Meeting further approved amendments to the Bylaws to reflect 4,439,159,764 capital shares and 4,439,159,752 common shares after cancellation of 99,847,816 common shares, and an increase in share capital by BRL 500,000,000.00 to BRL 77,800,000,000.00 via capitalization of an Income Tax Incentive Reserve.
Vale S.A. held combined annual and special shareholders’ meetings digitally on April 30, 2026, approving all items on the agenda by majority vote. Shareholders representing about 82% of capital attended, providing a strong quorum for decisions.
They approved the management report, PwC‑audited financial statements and allocation of 2025 results, and set the maximum 2026 total remuneration for directors, advisory committees and Fiscal Council at up to R$177.335.639,00. The meeting elected a new Fiscal Council slate and ratified Márcio Antônio Chiumento as a Board member, with terms running until the 2027 annual meeting.
On the corporate restructuring side, shareholders approved the valuation reports and mergers of wholly owned subsidiaries Baovale Mineração S.A. and CDA Logística S.A. into Vale without issuing new shares or increasing capital, extinguishing both entities. They also approved cancelling 99.847.816 common shares and updating the bylaws to reflect a new capital of R$77.800.000.000,00 and 4.439.159.764 total shares. Capital was increased by R$500.000.000,00 via capitalization of an Income Tax Incentive Reserve linked to SUDAM projects.
Vale S.A. reported a strong start to 2026, with 1Q26 net operating revenue of US$ 9,258 million, up 14% year over year, driven by higher iron ore, copper and nickel sales and better realized prices. Proforma EBITDA reached US$ 3,895 million, a 21% increase year over year, supported by stronger reference prices and higher volumes despite cost pressure from Brazilian real appreciation.
Net income attributable to shareholders was US$ 1,893 million, up 36% year over year, reflecting higher Proforma EBITDA and the absence of non-recurring items seen in the prior year. Free cash flow was US$ 813 million, 61% higher year over year, while expanded net debt rose to US$ 17,792 million mainly after US$ 2.7 billion in dividends and interest on capital.
Iron Ore Solutions delivered stable EBITDA of US$ 2,906 million, with fines prices up and C1 cash costs at US$ 23.6/t. Vale Base Metals was a highlight, with EBITDA of US$ 1,197 million, up 116% year over year, helped by much stronger copper and nickel prices and by-product credits. The company also advanced strategic and ESG initiatives, including progress on Serra Sul +20, a consortium for Thompson operations, tailings dam risk reduction, ethanol-powered Guaibamax vessels, circular mining projects and ongoing Brumadinho and Samarco reparation programs.
Vale S.A. released synthetic voting maps for its upcoming Annual and Extraordinary General Meetings on April 30, 2026. Remote votes correspond to 1,966,047,654 shares for the Annual General Meeting and 1,962,566,095 shares for the Extraordinary General Meeting, representing 46.1% and 46.0% of Vale’s voting capital.
On the AGM agenda, shareholders cast remote votes on the 2025 financial statements, profit allocation, 2026 global compensation for management and the Fiscal Council, and several Fiscal Council slates. The EGM map covers ratification of a board appointment, the mergers of wholly owned subsidiaries Baovale Mineração S.A. and CDA Logística S.A. into Vale, related valuation approvals, and bylaw amendments.
Key proposals include canceling 99,847,816 Vale common shares, updating the bylaws to reflect 4,439,159,764 capital shares and 4,439,159,752 common shares, and increasing share capital by BRL 500,000,000.00 to BRL 77,800,000,000.00 through capitalization of part of the Income Tax Incentive Reserve related to SUDAM areas. ADR holder votes are not included in these maps and will be represented by JPMorgan Chase Bank at the meetings.
Vale S.A. reported solid results for the three months ended March 31, 2026. Consolidated net operating revenue reached R$48,680 million, slightly above R$47,411 million a year earlier. Net income rose to R$10,199 million, with earnings per share of R$2.33 versus R$1.91.
Operating income increased to R$12,481 million, supported by higher gross profit and lower impairments. Adjusted EBITDA totaled R$20,105 million, driven by R$15,275 million from Iron Ore Solutions and R$6,307 million from Vale Base Metals.
Net cash from operating activities was R$9,777 million, while investing cash outflows of R$6,687 million and financing outflows of R$15,885 million reflected capital spending, debt service, and R$14,465 million in dividends and interest on capital plus share buybacks. Cash and cash equivalents declined to R$26,540 million from R$40,563 million.
Vale continues to carry sizable long-term obligations, including provisions related to the Brumadinho event of R$10,223 million and to the Samarco dam failure of R$14,076 million, alongside de-characterization of dams and other asset retirement obligations totaling R$32,512 million.