Vale S.A. (VALE) reported iron ore production of around 67.7 million tons (Mt) for the first quarter of 2025, which was 4.5% lower than the year-ago quarter. A strong performance at the S11D mine, which recorded its highest-ever first-quarter output, was offset by lower production elsewhere. Meanwhile copper and nickel production were both 11% higher than the year-ago quarter.Digging Deeper Into Vale’s Iron Ore Production NumbersIn the first quarter of 2025, the S11D mine produced 19.4 Mt of iron ore, 9.3% ...