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U.S. COMPANY FILING

Vale S.A. — Form 6-K filed 2025-10-31

Filed: 2025-10-31Company: Vale S.A.Ticker: VALEExchange: NYSEForm: 6-KReport period: 2025-12-31SEC accession: 0001292814-25-003717Event: guidanceMateriality: 82

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Vale updated its 2025 all-in cost guidance for copper and nickel on October 30, 2025, reflecting strong operational performance and higher gold by-product prices. Copper cost guidance was lowered to $1,000-1,500/t from $1,500-2,000/t, and nickel to $13,000-14,000/t from $14,000-15,500/t. Other estimates remain unchanged. The company reiterates these are hypothetical and not a performance guarantee.

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