Capital World Investors Acquires 8.0% Stake in Vale SA

Capital World Investors (CWI) filed a Schedule 13G on May 14, 2026, reporting a significant new position in Vale SA. As of the event date of March 31, 2026, CWI beneficially owns 341,261,769 shares of Vale SA's common stock, representing an 8.0% ownership stake in the company. This holding includes 104,839,174 Depository Receipts. CWI, a division of Capital Research and Management Company (CRMC), reported sole voting power over 340,885,450 shares and sole dispositive power over the full 341,261,769 shares. The filing indicates that the securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. This position represents a substantial increase from a previous zero-share holding reported in prior periods, establishing CWI as a major institutional investor in the Brazilian mining giant. The total value of the position is estimated at approximately $5.66 billion based on the provided filing data.