Rio de Janeiro, April 08, 2013 – Vale S.A. (Vale) informs that it has been granted the operational license (LO) of Pier IV in the Ponta da Madeira (PDM) maritime terminal in the state of Maranhão, Brazil, issued by the state environmental authority (SEMA). The LO encompasses the onshore and offshore parts of Pier IV.
The onshore part comprises two car dumpers, two stockyards, one stacker, two reclaimers and conveyor belts. The offshore part contains the South berth of Pier IV, an access bridge (1.6 km), a ship loader with the respective loading line (16,000 tons per hour), environmental monitoring system, a tugboat pier and other equipment.
The LO represents a crucial step of the logistical support towards growth of the Carajás iron ore production, to the extent that Vale has all the environmental licenses required for the port operations of CLN 150.
CLN 150 allows the expansion of Carajás logistics capacity to 150 million metric tons of iron ore per year (Mtpy), involving the duplication of 125 km of the Carajás railroad, and the construction of a rail terminal, in addition to Pier IV of PDM.
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This press release may include statements that present Vale’s expectations about future events or results. All statements, when based upon expectations about the future and not on historical facts, involve various risks and uncertainties. Vale cannot guarantee that such statements will prove correct. These risks and uncertainties include factors related to the following: (a) the countries where we operate, especially Brazil and Canada; (b) the global economy; (c) the capital markets; (d) the mining and metals prices and their dependence on global industrial production, which is cyclical by nature; and (e) global competition in the markets in which Vale operates. To obtain further information on factors that may lead to results different from those forecast by Vale, please consult the reports Vale files with the U.S. Securities and Exchange Commission (SEC), the Brazilian Comissão de Valores Mobiliários (CVM), the French Autorité des Marchés Financiers (AMF), and The Stock Exchange of Hong Kong Limited, and in particular the factors discussed under “Forward-Looking Statements” and “Risk Factors” in Vale’s annual report on Form 20-F.