---
title: "Key facts: Vale Q1 profit up 36%; mines to resume; 2026 payout mix"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284645635.md"
description: "VALE3 Q1: net profit $1.89B (+36% YoY), revenue $9.26B (+14%), EBITDA ~$3.8–3.9B (+21–23%). Higher volumes, stronger iron ore/copper/nickel prices, record quarterly production; free cash flow +61%.12VALE3 expects Fabrica and Viga mines in Minas Gerais to resume operations within weeks after a January water overflow; CFO says the incident won't materially alter 2026 iron ore production guidance.3Vale plans to shift shareholder returns in 2026, aiming for a more balanced mix between buybacks and dividends versus 2025; this signals a change in cash allocation to investors.4"
datetime: "2026-04-29T21:08:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284645635.md)
  - [en](https://longbridge.com/en/news/284645635.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284645635.md)
---

# Key facts: Vale Q1 profit up 36%; mines to resume; 2026 payout mix

-   VALE3 Q1: net profit $1.89B (+36% YoY), revenue $9.26B (+14%), EBITDA ~$3.8–3.9B (+21–23%). Higher volumes, stronger iron ore/copper/nickel prices, record quarterly production; free cash flow +61%.12
-   VALE3 expects Fabrica and Viga mines in Minas Gerais to resume operations within weeks after a January water overflow; CFO says the incident won't materially alter 2026 iron ore production guidance.3
-   Vale plans to shift shareholder returns in 2026, aiming for a more balanced mix between buybacks and dividends versus 2025; this signals a change in cash allocation to investors.4

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