Mining company ends period from July to September 2025 with net profit of US$2.7 billion and net revenue of US$10.4 billion
The mining company ended the 3rd quarter of 2025 with a net profit of US$2.7 billion, an increase of 11% compared to the same period last year. In 2024, the company’s net profit was US$2.4 billion in the period from July to September.
Net revenue was US$10.4 billion in the 3rd quarter of this year. It grew 9% compared to 2024, when it was US$9.5 billion. Read Vale’s financial statement for the 3rd quarter of 2025 (PDF – 2 MB).
In relation to adjusted EBITDA (earnings before interest, taxes, depreciation and amortization), the company reported a value of US$4.3 billion from July to September. The number represents an increase of 21% when compared to the 3rd quarter of 2024 (US$3.6 billion).
Vale’s expanded net debt was US$16.6 billion, an increase of 1% compared to the same period last year (US$16.5 billion in the 3rd quarter of 2024).
According to the company, this indicator was US$0.8 billion lower in the quarterly comparison “due to the strong generation of free cash flow”.
In a statement, Vale’s CEO, , stated that the company delivered “another solid quarter, marked by consistent operational performance”.
The executive said that iron ore production “reached its highest quarterly level since 2018”while the copper one had “its best result for the 3rd quarter since 2019”.
He also listed safety as a priority for the mining company and said that there are no longer any dams classified as emergency level 3. “[É] A fundamental step on our journey to become a reliable partner for society”said the CEO.
Vale also reported in its balance sheet that cost estimates all-in of copper for 2025 were reduced,“driven by higher gold prices”.
The estimate went from the range of $1,500 to $2,000 per ton to $1,000 to $1,500 per ton. Nickel was revised from US$ 14,000 to US$ 15,000 to US$ 13,000 to US$ 14,000 due to “solid operational performance and strong metal prices”.
The cost all-in accounts for the direct cost of production (C1), freight, royalties, general and administrative expenses, in addition to maintenance investments.
