Vale informs on Forquilha IV dam

10/31/2019

Vale informs on Forquilha IV dam

Rio de Janeiro, October 31st, 2019 – Vale S.A. (“Vale”) informs that triggered today, in a preventive form, the Level 1 emergency protocol at the Forquilha IV dam, located at Fábrica Mine, at Ouro Preto (MG), which in accordance with the National Mining Agency (“ANM”), it does not require evacuation of the downstream population.

The decision is a preventive measure stemmed from Vale’s own assessment, in agreement with external inspection bodies, due to an anomaly identified during the routine inspection. In the light of the facts, the expectation is that the structure will have its Statement of Condition of Stability (“DCE”) changed to negative. The Forquilha IV dam has not received tailings since February 2019.

The Level 1 emergency protocol of Forquilha IV dam does not impact production plan for 2019 and the plan to resume the production of approximately 50 Mt remains unchanged, as presented in the Vale’s Performance in 3Q19 Report, as it does not consider the disposal of tailings in the structure in the coming years.

 

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

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.


Vale informs on Forquilha IV dam