Pro-Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) from continuing operations of Vale in the fourth quarter of 2022 was $5.0 billion, an increase of $1.0 billion quarter-on-quarter, mainly reflecting higher iron ore sales and the increase in the prices of nickel and copper. In 2022, the formally adjusted EBITDA generated from continuing operations was $20.9 billion, a year-on-year decrease of 38% compared with 2021, mainly due to the 23.6% decrease in the actual price of iron ore concentrates.
Vale Announces Financial Results for the Fourth Quarter and Full Year of 2022
Pro-Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) from continuing operations of Vale in the fourth quarter of 2022 was $5.0 billion.
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