On February 22nd local time, Vale released its financial results for the fourth quarter of 2023. The net profit for the fourth quarter was 2.418 billion US dollars, with analysts expecting 4.08 billion US dollars, compared to 3.724 billion US dollars in the same period last year; Net operating income for the fourth quarter was $13.054 billion, with analysts expecting $13.14 billion, compared to $11.941 billion in the same period last year.