🔴 Vale is trading 4.13% down on October 22, 2026, as iron ore slips below $90/tonne

Vale is trading at $12.18, down 4.13%, as iron ore futures recently fell below $90/tonne.

• UBS cut its price target, adding to cautious sentiment ahead of Vale’s October 29 results.
• Mining shares also faced pressure from weaker metals and a risk-off market; no clear Vale-specific announcement explaining the October 22 move was identified.
• Bitcoin and Ethereum are down 3.63% and 4.11%, respectively, but are not direct Vale drivers.