Vale Reports $121M Net Loss for 3Q19

摘要

Brazil's resource giant and the world’s leading iron ore miner Vale S.A. ("Vale") reported on 24 October its consolidated financial results for the third quarter of 2019 (3Q19). EBITDA (excluding the expenses from the Brumadinho dam rupture) totalled US$ 4.8 billion in 3Q19, US$ 198 million higher than 2Q19, a record EBITDA for a third quarter since 2013. Ferrous and Base Metals segments had solid performance in 3Q19, with EBITDA of US$ 4.6 billion and US$ 555 million respectively, together coming in at US$ 501 million higher than in 2Q19.