Vale 2Q26 attributable net income drops 35% y/y to US$ 1.38 billion

• Vale SA posted IFRS net sales of US$ 10.5 billion in 2Q26, up 19% year on year.
• Attributable net income fell 35% year on year to US$ 1.38 billion, with EPS down 36% to US$ 0.32.
• IFRS net income dropped 34% to US$ 1.41 billion, while adjusted EBITDA rose 9% to US$ 3.68 billion.
• Proforma EBITDA climbed 19% to US$ 4.07 billion, with recurring free cash flow up 49% to US$ 1.51 billion.
• New US$ 1.7 billion dividend and interest on capital payout set for September; new buyback program targets up to 100 million shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vale SA published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.