Key Takeaways BHP delivered record iron ore and copper production, aided by low-cost WAIO operations and portfolio shifts.Vale reported iron ore, copper and nickel output near target highs while expanding its base metals pipeline.BHP and VALE both show rising estimates, solid production guidance and exposure to energy-transition demand.BHP Group Limited (BHP) and Vale S.A. (VALE) are among the world’s largest iron ore producers and diversified miners, making them competitors in the global metals and mining ...