[SMM Steel] Vale 2025 Iron Ore C1 Costs Decline 2% Year-on-Year

Published: Feb 13, 2026 09:24

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On 12 February 2026, Vale released its financial results for the fourth quarter and full year of 2025. The report indicates that for the full year 2025, the C1 cash cost for iron ore stood at US$21.3 per tonne, representing a 2% year-on-year decrease. This marks the second consecutive year of cost reductions for the miner.

For the fourth quarter of 2025, the C1 cash cost was also recorded at US$21.3 per tonne, an increase of 13% compared to the same period in the previous year, aligning with the company's guidance targets.

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