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VALE

Vale S.A.

Stock

$13.76+0.31 (+2.30%)Close Oct 2, 2026

Research and development, 2025
$693M
YoY, 2025
−12.3%
5-year CAGR
+10.8%
10-year CAGR
+5.8%

Research and development

Research and development by fiscal year

PeriodR&DYoY
2025$693M−12.3%
2024$790M+9.3%
2023$723M+9.5%
2022$660M+20.2%
2021$549M+32.3%
2020$415M+0.5%
2019$413M+10.7%
2018$373M+9.7%
2017$340M+6.6%
2016$319M−19.2%
2015$395M—
2012$1.5B−11.7%
2011$1.7B+90.7%
2010$878M−10.5%
2009$981M−9.6%
2008$1.1B+48.0%
2007$733M—