Vale on the slope of Gongo Soco mine

5/16/2019

Vale on the slope of Gongo Soco mine

​Rio de Janeiro, May 16th, 2019 – Vale S.A. (“Vale”) informs that its teams have identified a movement at the North slope of the Gongo Soco mine pit in Barão de Cocais (Minas Gerais), which has been paralyzed since 2016, whose potential displacement would be naturally absorved within the pit.

However, in a preventive manner, Vale is evaluating the potential impacts from vibrations, caused by this displacement, on the Sul Superior dam, which is located approximately 1.5 km away from the slope, which led Vale to proactively inform the competent authorities. The pit and the dam are under 24/7 monitoring.

The Sul Superior dam was classified as Level 3 on March 22nd, and the Self-Rescue Zone (ZAS, Zona de Autossalvamento) had already been preventively evacuated on February 8th, totaling 458 realocated people. All preventive measures for this scenario have already been taken, including emergency training with residents of the Secondary Safety Zone (ZSS, Zona de Segurança Secundária). Also in March, the Civil Defense and Vale equipped the ZSS with signs for escape routes. Meeting points, with 24/7 teams ready to assist the population, were defined as well.

Self-Rescue Zone is the region ranging up to 10 km or 30 minutes away from the point of the dam rupture, as defined by the Emergency Mining Dam Response Plan (PAEBM, Plano de Ação de Emergência de Barragens de Mineração).


 

For further information, please contact:
+55-21-3485-3900

Andre Figueiredo: andre.figueiredo@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 the French Autorité des Marchés Financiers (AMF), 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 on the slope of Gongo Soco mine