Vale informs on Viga operations

9/28/2020

Vale informs on Viga operations

Rio de Janeiro, September 28th, 2020 – Vale S.A. (Vale) informs that it suspended, in the night of September 24th, the disposal of tailings and the execution of works at the B7 dam, located in the municipality of Jeceaba, MG, in compliance with the decision by the judge of the Court of Entre Rios de Minas district regarding the Public Civil Action filed by the municipality of Jeceaba. As a result of this decision, the operations of the Viga concentration plant, located in the municipality of Congonhas, MG, were also suspended, while the activities at the Viga mine remain unchanged. 

The estimated impact of the temporary stoppage of Viga operations is of approximately 11 thousand tons of iron ore fines per day. Vale reinforces that the Viga operational unit fulfills the necessary requirements for the issuance of the B7 dam operating permit and that, for this reason, it will contest the court decision.
 

Ever since the Covid-19 outbreak began, our highest priority is the health and safety of our employees. Our IR team adopted work-from-home, and as we continue to face these new circumstances, we strongly recommend you prioritize e-mail and online engagement.

For further information, please contact:

Vale.RI@vale.com
Ivan Fadel: ivan.fadel@vale.com
Andre Werner: andre.werner@vale.com
Mariana Rocha: mariana.rocha@vale.com
Samir Bassil: samir.bassil@vale.com

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, 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) and in particular the factors discussed under “Forward-Looking Statements” and “Risk Factors” in Vale’s annual report on Form 20-F.

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Vale informs on Viga operations