Vale VALE Revenue Breakdown

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At close: Sep 25, 2026 · 4:00 PM EDT
Annual revenue breakdowns for Vale, fiscal 2019 to 2025, as reported in its filings.
Annual history

Vale Revenue by Joint ventures [axis]

Years FY 2025
Lines 4
FY 2025 Total $3.06B

Pt Vale Indonesia Tbk was Vale’s largest revenue line in fiscal 2025, bringing in $1.98B of $3.06B (65%).

Vale revenue by joint ventures [axis], fiscal 2025 to 2025
Joint ventures [axis] FY 2025
Pt Vale Indonesia Tbk $1.98B
Vale Oman Distribution Center $568.00M
Pelletizing Plants $270.00M
Alianca Geracao Energia S. A $242.00M
Total $3.06B

Vale revenue by joint ventures [axis]: what the figures show

Vale brought in $3.06B from its four revenue lines in fiscal 2025, the year ended December 31, 2025. Pt Vale Indonesia Tbk was the largest at $1.98B (64.7%), ahead of Vale Oman Distribution Center at $568.00M (18.6%) and Pelletizing Plants at $270.00M (8.8%). The remaining revenue line, Alianca Geracao Energia S. A, brought in $242.00M.

Annual history

Vale Revenue by Continuing & discontinued operations [axis]

Years FY 2020
Lines 2
FY 2020 Total $80.98B

Aggregate Continuing & Discontinued Operations was Vale’s largest revenue line in fiscal 2020, bringing in $80.04B of $80.98B (99%).

Vale revenue by continuing and discontinued operations [axis], fiscal 2020 to 2020
Continuing and discontinued operations [axis] FY 2020
Aggregate Continuing & Discontinued Operations $80.04B
Discontinued Operations $946.00M
Total $80.98B

Vale revenue by continuing and discontinued operations [axis]: what the figures show

Vale brought in $80.98B from its two revenue lines in fiscal 2020, the year ended December 31, 2020. Aggregate Continuing & Discontinued Operations was the largest at $80.04B (98.8%), ahead of Discontinued Operations at $946.00M (1.2%).

Annual history

Vale Revenue by Products & services [axis]

Years FY 2019–2020
Lines 6
FY 2020 Total $79.09B

Iron Ore was Vale’s largest revenue line in fiscal 2020, bringing in $54.25B of $79.09B (69%).

Vale revenue by products and services [axis], fiscal 2019 to 2020
Products and services [axis] FY 2019 FY 2020
Iron Ore $46.69B $54.25B
Iron Ore Pellets $11.90B $8.48B
Nickel & Other Products $7.91B $9.30B
Base Metals — $4.35B
Other — $1.60B
Other Ferrous Products & Services $864.00M $1.10B
Total $71.73B $79.09B
Totals include 2 discontinued lines from earlier reporting.

Vale revenue by products and services [axis]: what the figures show

Vale brought in $79.09B from its six revenue lines in fiscal 2020, the year ended December 31, 2020. Vale regrouped these revenue lines after fiscal 2019, so the total does not compare directly with that year's $71.73B. Iron Ore was the largest at $54.25B (68.6%), ahead of Nickel & Other Products at $9.30B (11.8%) and Iron Ore Pellets at $8.48B (10.7%). The other three revenue lines brought in $7.06B combined.

Compared with fiscal 2019, Nickel & Other Products grew fastest, up 17.7% to $9.30B, while Iron Ore Pellets fell the most, down 28.7% to $8.48B.

Vale began breaking out Base Metals in fiscal 2020 and Other in fiscal 2020. Vale stopped reporting Copper ($3.81B in fiscal 2019) and Ferroalloys & Manganese ($564.00M in fiscal 2019) as separate revenue lines.

Questions

Vale Revenue Breakdown FAQ

How does Vale make money?

Vale (VALE) reports its revenue by joint ventures [axis], by continuing and discontinued operations [axis] and by products and services [axis]. In fiscal 2025, Pt Vale Indonesia Tbk was its largest revenue line, bringing in $1.98B (64.7% of the total), followed by Vale Oman Distribution Center at $568.00M (18.6%).

What is Vale's largest revenue line?

Pt Vale Indonesia Tbk was Vale's largest revenue line in fiscal 2025, bringing in $1.98B, or 64.7% of the $3.06B total across its four revenue lines.

Where does this revenue breakdown data come from?

Every figure comes from Vale's annual financial filings, as reported. Each line keeps the name Vale gives it, and years follow its fiscal calendar.

How far back does Vale's revenue breakdown go?

Vale's revenue by joint ventures [axis] goes back to fiscal 2025, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.