Samarco reports Q2 2026 production and sales results
2026-07-27 11:40:30 [Print]
In a pre-operational disclosure, Brazilian iron ore and pellet producer Samarco reported sales of 3.9 million metric tons for the second quarter of 2026, representing a 23% increase from the previous quarter but a slight 1% decrease compared to Q2 2025. The figures reflect combined volumes of iron ore and pellets.
Production also gained momentum during the quarter, rising 4% sequentially to 3.9 million metric tons and posting a marginal 0.1% year-on-year increase.
The company attributed the strong quarter-on-quarter sales rebound to a return to normal shipment levels, following a weaker performance in Q1 2026.
On the production front, Samarco noted that Q2 2026 output indicated operations remained stable at structurally higher levels. For the first half of 2026, production rose 8% year-on-year to 7.7 million metric tons, while sales increased 4% to 7.1 million metric tons.
Samarco, a joint venture between Vale and BHP, continues its recovery from the 2015 Fundao Dam accident and expects to reach full capacity of 26 million metric tons per year by 2028.
Production also gained momentum during the quarter, rising 4% sequentially to 3.9 million metric tons and posting a marginal 0.1% year-on-year increase.
The company attributed the strong quarter-on-quarter sales rebound to a return to normal shipment levels, following a weaker performance in Q1 2026.
On the production front, Samarco noted that Q2 2026 output indicated operations remained stable at structurally higher levels. For the first half of 2026, production rose 8% year-on-year to 7.7 million metric tons, while sales increased 4% to 7.1 million metric tons.
Samarco, a joint venture between Vale and BHP, continues its recovery from the 2015 Fundao Dam accident and expects to reach full capacity of 26 million metric tons per year by 2028.
