Vale updates on the continuity of the decommissioning process of upstream dams

About Vale

2/20/2019

Vale updates on the continuity of the decommissioning process of upstream dams

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Vale informs that, as it proceeds with the decommissioning of the Vargem Grande upstream dam, as per the press release of February 4th, "Vale announces decision to temporarily halt operations of the Vargem Grande Complex," Vale will coordinate with authorities the relocation of the people currently located in the Self-Saving Zone of the above-mentioned dam on this Wednesday, February 20th.

Vale also informs that it has started the preparations for the relocation of people currently located in the Self-Saving Zones associated with the decommissioning of Forquilha I, Forquilha II, Forquilha III and Grupo dams, which are part of the ten remaining inactive upstream dams as per the accelerated decommissioning plan announced in the press release of January 29th, "Vale announces the decommissioning of all its upstream dams."

These four inactive dams are located in the surroundings of the Fábrica mine, whose production will be maintained through dry processing with an approximate impact of 3 Mtpy production loss in 2019.

In total, about 75 people living near the five dams should leave their homes today in an orderly manner.

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Vale updates on the continuity of the decommissioning process of upstream dams