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Vale Base Metals CEO Says Copper Output Could Exceed 2035 Target

2026-07-31·newswire-us-stock-154439
Vale Base Metals CEO Says Copper Output Could Exceed 2035 Target.

Vale Base Metals CEO Shaun Usmar said the company’s future copper production could exceed its target of doubling output to 700,000 metric tons by 2035. During an earnings call with investors, Usmar stopped short of promising that Vale would reach the target ahead of 2035.

Vale CEO Gustavo Pimenta said investors may hear more in December about a possible increase to the company’s production guidance at its investor day.

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Vale Base Metals CEO Says Copper Output Could Exceed 2035 Target

Vale Base Metals CEO Shaun Usmar said the company’s future copper production could exceed its target of doubling output to 700,000 metric tons by 2035. During an earnings call with investors, Usmar stopped short of promising that Vale would reach the target ahead of 2035. Vale CEO Gustavo Pimenta said investors may hear more in December about a possible increase to the company’s production guidance at its investor day.

Vale Base Metals CEO Shaun Usmar said the company’s future copper production could exceed its target of doubling output to 700,000 metric tons by 2035.

During an earnings call with investors, Usmar stopped short of promising that Vale would reach the target ahead of 2035.

Vale CEO Gustavo Pimenta said investors may hear more in December about a possible increase to the company’s production guidance at its investor day.

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