Vale announces new emergency measures and financial and psychological support to the families of those affected in Brumadinho

About Vale

1/28/2019

Vale announces new emergency measures and financial and psychological support to the families of those affected in Brumadinho

At a press conference held on Monday (28) with Finance and Investor Relations executive director Luciano Siani Pires, Vale announced new measures to provide financial and psychological support to the families of the affected people and to mitigate the impacts caused by the breach of Dam I of the Córrego do Feijão mine, in the city of Brumadinho, Minas Gerais, Brazil.

These actions adopted by the Executive Board add to Vale's current efforts to assist those affected by the dam breach occurred last Friday.

Vale executive director announces new measures to support the families

Containment Measures

To contain sediments from the mud, the company announced a project for the construction of dikes surrounding the mine in Brumadinho and hired the project designer who worked in Samarco's dam breach case. The team conducted a field inspection today to go over the details of the project. As a preventive measure set to start tomorrow, Vale will install a sediment retention barrier close to the water body supplying the city of Pará de Minas, approximately 40 km from Brumadinho. "Our goal is to prevent any interruption to the municipal water supply," explained Luciano Siani Pires. Other measures included a field inspection along the Paraopeba river together with Samarco's team to define details for the construction of a sediment control barrier.

Financial Support to the Families

Vale will donate one hundred thousand reais to the families of each missing person/confirmed fatality, regardless of whether or not they are Vale employees. "This has nothing to do with indemnification, which needs to be sorted out together with the authorities," said Siani Pires.

Psychological Support

Vale will hire a specialized team from the Albert Einstein hospital in São Paulo to assist the families of those affected by the incident. The team comprising experts in trauma, grief and disaster will be joining the 100 health professionals of the company that are currently working on the site.

Financial Compensation to the City of Brumadinho

In spite of the shutdown of the Córrego do Feijão mine, the company will continue paying mining royalties to the city of Brumadinho. "The city of Brumadinho will not lose any royalties," said Siani Pires. "Last year, the city's revenue amounted to approximately R$140 million," he added.

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Vale announces new emergency measures and financial and psychological support to the families of those affected in Brumadinho