Vale S.a. · BMFBOVESPA:VALE3
Vale — Corporate Update (March 2020)
9 slides from Vale's corporate update, Mar 31, 2020
Slide 1: COVID-19: Protecting our employees, partners and communities
COVID-19 Protecting our employees, partners and communities Vale S.A. March 31 st , 2020
Slide 2: Forward-looking statements and cautionary note to U.S. investors
“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 have been acting to keep our people, operations and community safe
We have been acting to keep our people, operations and community safe Crisis management: structured to deploy Vale’s global Response Plan Critical operational teams: physically isolated, minimal contingent for safe operation, backup team and movement restriction Screening points at site access and i
Slide 4: Using logistics and financial capabilities to help Brazilian society fight coronavirus
We are also using our logistics and financial capabilities to help the Brazilian society fight the coronavirus 5 million COVID-19 test kits are Keeping a healthy value-chain being donated ecosystem • 500 thousand already received • Advance payments to +1,000 • 4.5 million to be received in April com
Slide 5: Markets: steel production cuts in Europe to impact iron ore demand
Markets: steel production cuts in Europe to impact iron ore demand while iron ore supply cuts due to lockdowns could soften impact European idling capacity (as of 26Mar20) Company Hot Metal Cuts production announced 2019 Mt % capacity ArcelorMittal 23.0 36% (W.Europe) Ilva 4.3 51% VoestAlpine 5.8 12
Slide 6: Operations: weathering the outbreak with limited impact
Operations: so far we have been weathering the outbreak, with limited impact in operations Long Harbour operating Voisey’s Sudbury Bay and suspended Thompson operating No interruptions at Brazilian operations No interruptions at Chinese ports Operations at Malaysia DC suspended Moatize maintenance p
Slide 7: We are using several levers to tackle the risks ahead
We are using several levers to tackle the risks ahead Risk Mitigation Restrictions imposed by regulators and authorities In Brazil and other regions, governments have stated the essential nature of mining activities. Disruption of our supply chain Help our ecosystem of small and medium-sized supplie
Slide 8: Vale has been resilient, but severe uncertainties remain ahead
Vale has been resilient, but severe uncertainties remain ahead Up to this moment, Vale is performing relatively well, with limited impact on production and sales, but our ecosystem has been highly impacted by the restrictions imposed by the Covid-19 pandemic, which could ultimately affect our operat
Slide 9: Signatures
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: March 31, 2020 Director of Investor Relations