Vale S.a. · BMFBOVESPA:VALE3
Vale — Corporate Update (May 2019)
22 slides from Vale's corporate update, May 14, 2019
Slide 1: Forward-looking statements and cautionary note
“This presentation 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
Slide 2: Forward-looking statements and cautionary note
“This presentation 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
Slide 3: We will write a new chapter in our history
We will write a new chapter in our history based of the following priorities + Personal Safety + Communities * Comprehensive + Process Safety + Employees + Agile Vv
Slide 4: Actions to reduce environmental impact on the Paraopeba river
7 We are taking actions to reduce the environmental impact on the Paraopeba river • 65 monitoring points and daily analysis of water and sediments +1,000,000 samples analyzed • Investments in water treatment stations to restrain environmental impact and reestablish community water supply Tailings ha
Slide 5: We will not rest until every damage from Brumadinho is repaired
We will not rest until every damage from Brumadinho is repaired or compensated for + Directly reporting to the CEO Special Director + Over 400 staff allocated to the structure for Recovery + From emergency to permanent recovery + Actions of recovery to be carried out in Brumadinho and along the Para
Slide 6: Operating under stricter safety standards, but a long way to go
We are already operating under stricter safety standards, but we have a long way to go Decommissioning + Provision of US$ 1.9 bi for decommissioning of remaining upstream dams Dam Safety + Revaluation under higher safety standards + Evacuation of upstream dams areas + Dam safe review for 99 structur
Slide 7: Beyond repairing – building something better: new strategic pillars
12 Beyond repairing – building something better NEW STRATEGIC PILLARS Vale Day 2018 New pillars • Safety and operational excellence To transform the way we operate in regards to three interconnected themes: (i) safety and risk management, (ii) assets management, and (iii) organization, processes and
Slide 8: Beyond repairing – building something better: new strategic pillars
13 Beyond repairing – building something better NEW STRATEGIC PILLARS Vale Day 2018 New pillars • Safety and operational excellence To transform the way we operate in regards to three interconnected themes: (i) safety and risk management, (ii) assets management, and (iii) organization, processes and
Slide 9: Safety and operational excellence are key elements throughout the organization
14 Safety and operational excellence are key elements throughout the organization Safety and Operational Excellence Area reporting to the CEO Business areas and functional units and safety in operations excellence guidelines ¹ Vale Production System •Responsible for management •Comply with operation
Slide 10: Vale Production System enables safe operations and asset integrity
15 Vale Production System enables safe, secure and environmentally responsible operations and assets integrity Railroad Ocurrences (#Accidents / Millions rolled KM of trains) EFVM¹ Class 1² 5.8 1.5 2.2 0.6 2018 2006 2009 2012 2015 ¹ Estrada de Ferro Vitória Minas 2 Average of class 1 railroads in Ca
Slide 11: Beyond repairing – building something better: new strategic pillars
16 Beyond repairing – building something better NEW STRATEGIC PILLARS Vale Day 2018 New pillars • Safety and operational excellence To transform the way we operate in regards to three interconnected themes: (i) safety and risk management, (ii) assets management, and (iii) organization, processes and
Slide 12: A new pact with society will define the core of our values
17 A new pact with society will define the core of our values and priorities • Positively impact society, going beyond taxes, social projects and reparation in Brumadinho • Deliver a new value proposition by acting as a major force for generating wealth to communities by fostering sustainable develo
Slide 13: Beyond repairing – building something better: new strategic pillars
18 Beyond repairing – building something better NEW STRATEGIC PILLARS Vale Day 2018 New pillars • Safety and operational excellence To transform the way we operate in regards to three interconnected themes: (i) safety and risk management, (ii) assets management, and (iii) organization, processes and
Slide 14: Base Metals transformation will deliver a robust, cash-generating operation
19 The Base Metals transformation will deliver a robust, predictable and cash-generating operation Nickel turnaround based on three pillars • Increase in operational stability Supply Chain Integration • Improvements in underground mine performance Operational Excellence – Vale Production System (VPS
Slide 15: Beyond repairing – building something better: new strategic pillars
20 Beyond repairing – building something better NEW STRATEGIC PILLARS Vale Day 2018 New pillars • Safety and operational excellence To transform the way we operate in regards to three interconnected themes: (i) safety and risk management, (ii) assets management, and (iii) organization, processes and
Slide 16: We will keep allocating capital in a disciplined way
21 We will keep allocating capital in a disciplined way • Our focus is on value creation and safety of assets Capital will be employed in the sustainability of production and in the protection/increase of margins • Vale operations global presence We are revisiting our portfolio of operations and ass
Slide 17: Beyond repairing – building something better: new strategic pillars
22 Beyond repairing – building something better NEW STRATEGIC PILLARS Vale Day 2018 New pillars • Safety and operational excellence To transform the way we operate in regards to three interconnected themes: (i) safety and risk management, (ii) assets management, and (iii) organization, processes and
Slide 18: Considering increasing Carajás Serra Sul capacity
23 We are considering to increase Carajás Serra Sul to 150 Mt Mt BENEFITS 150 Increase our strength in dry-processing and reduce the use of tailing dams 90 Increase operational and logistic flexibility in premium products 75 Production of pellet feed in Brazil to supply pellets to the local steel in
Slide 19: Developing the associated railroad and port infrastructure
24 And developing the associated railroad and port infrastructure Debottlenecking of the Ponta da Madeira Port through a new port in Vila do Conde, Pará Total length of 400 km Enable business opportunities and positive legacy to local development in the state of Pará
Slide 20: Developing the associated railroad and port infrastructure
24 And developing the associated railroad and port infrastructure Debottlenecking of the Ponta =a <= da Madeira Port through a new port in Vila do Conde, Para ea — Total length of 400 km yy Enable business opportunities and positive legacy to local development in the state of Para © Raiway in Para t
Slide 21: Safety that brings reliability
Safetythatbringsreliability
Slide 22: Signatures
Table of Contents Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Vale S.A. (Registrant) By: /s/ André Figueiredo Date: May 14, 2019 Director of Invest