Vale informs on the expansion of the self-rescue zone of Forquilha I, II, III and IV and Grupo dams

7/1/2020

Vale informs on the expansion of the self-rescue zone of Forquilha I, II, III and IV and Grupo dams

Rio de Janeiro, July 1st, 2020 - Vale SA (“Vale”) informs that it increased the limits of the Self-Rescue Zone (ZAS) of the Forquilha I, II, III and IV and Grupo dams, of the Fábrica mine, at th Paraopeba Complex, based on more conservative studies, which started to consider an extreme and hypothetical scenario of rupture of the dam Grupo and simultaneous rupture of the Forquilhas dams. The expansion of the ZAS is a result of provisions of the Term of Commitment entered into by the State of Minas Gerais, the Public Prosecution Office of the State Minas Gerais and Vale, in which new parameters were defined for updating the flood zone. 

As of today, approximately 50 people, residing in rural areas in the municipalities of Itabirito and Ouro Preto, will be relocated following the guidance of the Civil Defense of Minas Gerais and with Vale’s support, respecting health and safety protocols recommended during the COVID-19 pandemic. Families will receive full assistance from Vale, with accommodation, psychosocial care, food, among others. In 2019, eleven people were relocated when the Forquilhas I and III dams were raised to emergency level 3. 

Vale also informs that there was no change in the technical data of the referred structures and that the latest inspections did not detect additional anomalies. The dams at the Paraopeba Complex are continuously monitored by Vale's Centre of Geotechnical Monitoring (CGM).
 

For further information, please contact:
+55-21-3814-4540

Rogério Nogueira: rogerio.nogueira@vale.com
André Figueiredo: andre.figueiredo@vale.com
Carla Albano Miller: carla.albano@vale.com
Fernando Mascarenhas: fernando.mascarenhas@vale.com
Andrea Gutman: andrea.gutman@vale.com
Bruno Siqueira: bruno.siqueira@vale.com
Claudia Rodrigues: claudia.rodrigues@vale.com
Marcio Loures Penna: marcio.penna@vale.com
Mariano Szachtman: mariano.szachtman@vale.com
Renata Capanema: renata.capanema@vale.com
Denise Caruncho: denise.caruncho@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 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.

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Vale informs on the expansion of the self-rescue zone of Forquilha I, II, III and IV and Grupo dams