Vale (VALE3) reported its final quarterly results for 2021 and impressed the market with its numbers. In light of this, Inter Research says it has been a "historic year" for the company.

In this sense, the company ended 2021 exceeding several forecasts and estimates. In other words, Vale's revenues were 11% higher than Inter Research's estimates.

In addition, earnings before interest, taxes, depreciation and amortization (EBITDA) exceeded expectations by 4%. Thus, these indicators confirm the optimistic and favorable scenario for the company.

Other aspects reinforce Vale's positive vision, say analysts from Inter Research team

“The company re-emphasized and provided additional details about its base metals business, which is a significant driver of value.”

Outstanding Experts

Other positive aspects of Vale

Still relevant to the company's positive points is the contribution of the ESG agenda and higher ferrous mineral trading volumes, in addition to the financial metrics.

Vale and its production and sales report

In addition, Vale recently released its production and sales report. This means that these data refer to the fourth quarter of 2021. In addition, this information contains estimates and future outlook for the company.

In this sense, Vale reported fourth quarter iron ore production of 82,473 thousand T. This figure is therefore 2.4% below the same period in 2020 and 7.8% below the figure reported in the third quarter of 2020.

However, in the last year cumulatively, production increased by 5.1%.

WhatsApp image 2022 02 11 at 08.26.52 1

Production guidance

Still in the report, Vale informed about its estimates and expectations for iron ore, nickel, copper and pellet ore production.

In 2021, the company ends the period with approximately 340 Mtpy of iron ore capacity, which is expected to reach 370 Mtpy by the end of 2022.

In light of this, the mining company estimates production of 320-335 thousand T (Mt) this year, while the forecast for pellet ore is 34-38 Mt.

In addition, for nickel, the company informs that the consolidated forecast (guidance) for 2022 will reach between 175-190 kt. For copper, the cumulative forecast for 2022 is 330-335 kt.

Join our free telegram investor group: I want to join

Don't miss any more opportunities. Stay tuned for.

Listen to our podcast at