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Vale's Mixed Q2: Buyback Program Counters 35% Profit Drop and Rising Iron Ore Costs
Markets6h ago

Vale's Mixed Q2: Buyback Program Counters 35% Profit Drop and Rising Iron Ore Costs

Brazilian miner Vale reported a sharp decline in Q2 net profit, but a large new share buyback and higher-than-expected core earnings supported its B3 and NYSE shares.