Vale announces shareholder remuneration totaling R$2.03 per share
The distribution comprises interest on equity and dividends, with ex-dividend dates in August and payments in September.
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Multinational mining and metals company
vale.comLast updated
In short: Vale achieved its highest Q2 iron ore output since 2018, despite facing internal governance shifts and ongoing legal challenges in Brazil.
The distribution comprises interest on equity and dividends, with ex-dividend dates in August and payments in September.
Iron ore achieved best second-quarter output since 2018 and copper best in nine years; proforma EBITDA rose 19% y/y to $4.1B, and $1.7B dividends were approved.
Iron ore production was 84.3 Mt, copper 98.4 kt, nickel 42.0 kt, all up year-over-year.
The Positive Train Control system will be implemented with an investment of R$1 billion by 2031 to increase safety.
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