Vale updates on Gongo Soco Mine slope movement

5/31/2019

Vale updates on Gongo Soco Mine slope movement

Rio de Janeiro, May 31st, 2019 – Vale S.A. (“Vale”) informs that early on Friday, fragments of the northern slope of the pit at the Gongo Soco Mine, in Barão de Cocais (Minas Gerais state), slipped. These pieces settled gently at the bottom of the pit with early assessments indicating that the wall is sliding gradually, verifying evaluations that any further slippage should occur without major consequence. 
 
The pit and the Sul Superior Dam, which is 1.5 km from the mine, are remotely monitored 24 hours a day, using radar and a robotic station capable of detecting millimetric movements, as well as drone flyovers. The dam has been at level 3 since March 22 and the Self-Rescue Zone (ZAS) was preventively evacuated on February 8. 
 
Vale reiterates that it will keep the community of Barão de Cocais informed of the situation. 
 

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 updates on Gongo Soco Mine slope movement