Vale SA (VALE) has released an update.
Vale S.A. has revised its 2024 copper all-in cost estimates, lowering the range to $2,900 – $3,300 per ton, down from the previous $3,300 – $3,800. This adjustment reflects the company’s proactive approach to managing production costs amid fluctuating market conditions. Vale maintains other guidance figures, signaling stability in its broader financial outlook.
For further insights into VALE stock, check out TipRanks’ Stock Analysis page.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
