Update on the activities in Timbopeba
Rio de Janeiro, June 16th, 2021 - Vale S.A. ('Vale' or 'Company') informs that, in compliance with the interdiction term drawn up by the Regional Superintendence of Labor (SRT), the access of workers and the circulation of vehicles to the flood zone of the Xingu dam remain suspended, including for the Alegria mine, with entry only allowed for people who work in activities for the structure's stabilization and in structuring actions for the deployment of the unmanned train, through a strict safety protocol.
After the interdiction, Vale started tests to implement an unmanned train, with a reduced load. During the testing phase of the unmanned train, there is less circulation of trains on the branch, with lower speed and gradual recovery of the transported cargo. After full implementation, the unmanned train will cover a 16 km stretch using an integrated control system capable of automatically performing acceleration and dynamic braking operations. It is expected that, at the end of the tests and implementation, which should take between 1 and 2 months, the Timbopeba plant will be able to keep its operation at around 80-100% of its daily capacity of 33 thousand tons.
The Company emphasizes that the Xingu Dam remains at emergency level 2, pursuant to the Emergency Action Plan for Mining Dams (PAEBM), in which there is no imminent risk of rupture. The inexistence of imminent risk or change in the condition of the structure was reinforced after a technical visit carried out on June 15th, 2021, by the National Mining Agency (ANM). The safety of the structure was and continues to be the object of constant improvement. The dam is monitored and inspected by a specialized technical team, and is included in the company's dam decharacterization plan. As a precaution, the Self-Rescue Zone (ZAS) of the Xingu Dam remains evacuated, with no permanent presence of people in the area.
Luciano Siani Pires
Executive Officer of Investor Relations
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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, 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) and in particular the factors discussed under 'Forward-Looking Statements' and 'Risk Factors' in Vale's annual report on Form 20-F.
Vale SA published this content on 17 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 June 2021 11:49:01 UTC.