Vale Stock Price Today: Shares Fall Despite Iron Ore-From-Waste Milestone
Vale’s U.S.-listed shares fell 2.5% to $14.68 Friday after RBC downgraded the stock, citing valuation concerns despite strong operational updates. The company more than doubled iron ore recovered from waste in 2025, reaching 26.3 million tons. Vale’s 2025 output hit 336.1 million tons, its highest since 2018. RBC now sees Vale’s 2026 dividend yield at about 8%, but no longer expects further upside.