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About Vale

2/16/2017

Vale has strong operational performance with record productions in 2016

Our Production Report for the fourth quarter of 2016 was disclosed today, Thursday, February 16. The document presents an overview of our operations in this period.

Vale delivered a strong operational performance in 4Q16 and in 2016, with annual and quarterly production records in iron ore, pellets, nickel, copper, cobalt and gold. Vale’s own iron ore production reached the record of 348.8 Mt1 in 2016, 3,0 Mt higher than 2015.


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Download our 4Q16 Production Report and read about our performance.

Download 4Q16 Production Report

See highlights of some of our businesses in the infographic:

Iron ore

In 2016 the iron ore annual production achieved the record of 348.8 Mt1. Carajás achieved the annual production record of 148.1 Mt in 2016, 18.6 Mt higher than in 2015. The annual iron ore and pellets shipments got a record of 318.4 Mt from Brazil and Argentina and 21.7 Mt from Malaysia in 2016, 17.1 Mt and 7.5 Mt higher than in 2015, respectively.

The Annual blended volumes in Asia reached 41 Mt in 2016, compared to 3 Mt in 2014 and 18 Mt in 2015. The quarterly production record in Carajás

The annual pellets production was in line with 2015 (46.2 Mt). In the Tubarão VIII pellet plant the annual production achieved the record of 7.2 Mt in 2016, 0.6 Mt higher than in 2015. Pellets quarterly production also reached the record of 12.6 Mt in 4Q16, 0.5 Mt higher than in 3Q16.

Find out more about our iron ore and pellet activities

Nickel

The annual nickel production got a record of 311,000 t in 2016, 20,000 t higher than in 2015. From VNC there was also an annual production record: 34,300 t in 2016, 7,400 t higher than in 2015. Nickel quarterly overall production record reached 83,000 t in 4Q16, 7,000 t higher than in 3Q16 and 300 t higher than in 4Q15.

Find out more about our nickel activities

Coal

The coal annual production was in line with 2015 (7.2 Mt). The annual production record at Moatize reached 5.5 Mt in 2016, 0.5 Mt higher than in 2015.

The quarterly overall production of 1.7 Mt was 0.6 Mt lower than in 3Q16, negatively impacted by the divestment of the Carborough Downs operations in November 2016 and by the constraints on the supply of explosives which affected blasting operations in Mozambique.

However the supply of explosives was reestablished and operations performance has been constantly improving since then, with production totaling 0.6 Mt in December 2016 and reaching the monthly record of 0.8 Mt in January 2017.

Find out more about our coal activities

Copper

The copper annual production achieved the record of 453,100 t in 2016, 29,300 t higher than in 2015. At Sabobo there was also a record: 175,900 t in 2016, 20,500 t higher than in 2015. The quarterly overall production achieved the record of 122,500 t in 4Q16, 11,100 t higher than in 3Q16 and 10,000 t higher than in 4Q15.

The quarterly production record at Sudbury reached 32,200 t in 4Q16, 2,500 t higher than in 3Q16 and 900 t higher than in 4Q15. And the quarterly production record at Salobo reached 49,800 t in 4Q16, 5,500 t higher than in 3Q16 and 7,800 t higher than in 4Q15.

Find out more about our copper activities

Fertilizers

Production of potash totaled 501 kt in 2016, 4.2% higher than in 2015, due to the higher availability and the lower ROM moisture at the mine. Potash production reached 148 kt in 4Q16, 4.2% and 8.0% higher than in 3Q16 and 4Q15, respectively, due to the lower ROM moisture and the higher productivity at the concentration plant.

Production of phosphate rock was 7.5 Mt in 2016, 7.6% lower than in 2015, as a result of a 13.8% production decline at the Brazilian operations. Production was mainly affected by the scheduled maintenance stoppage at the Araxá plant throughout 1Q16 and the unscheduled maintenance stoppages at Tapira, Catalão and Cajati, which was impacted by heavy storms in January 2016.

Find out more about our fertilizer activities

On Thursday, February 23, we will release our 4Q16 Financial Report. After the report has been released, some of our key executives will participate in webcasts with investors and journalists to present the quarter’s results.

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Vale has strong operational performance with record productions in 2016