Vale S A : Webinar ESG - Brumadinho and Culture Transformation
October 06, 2020 at 10:35 am EDT
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Webinar ESG
Brumadinho and Cultural Transformation
Eduardo Bartolomeo, Marcelo Klein and Marina Quental October 6, 2020
"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. 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."
"Cautionary Note to U.S. Investors - The SEC permits mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We present certain information in this presentation,
including 'measured resources,' 'indicated resources,' 'inferred resources,' 'geologic
resources', which would not be permitted in an SEC filing. These materials are not proven or probable reserves, as defined by the SEC, and we cannot assure you that these materials will be converted into proven or probable reserves, as defined by the SEC. U.S. Investors should consider closely the disclosure in our Annual Report on Form 20-K, which may be obtained from us, from our website or at http://http://us.sec.gov/edgar.shtml."
Disclaimer
Opening remarks, Eduardo Bartolomeo
Brumadinho Reparation, Marcelo Klein
Cultural Transformation, Marina Quental
Agenda
Opening remarks
Our commitments remain solid
People
Safety
Reparation
5
In 2019, we added two new pillars to our strategy
Safety and operational excellence
New pact with society
Maximize flight to quality in Iron Ore
Base Metals transformation
Discipline in capital allocation
6
In Brumadinho, the reparation progresses during the pandemic
Essential works
ongoing, with only key workers and adoption of WHO recommendations
Search and Rescue
resumed after a 5-month halting
Community relations
remotely, personal contact upon request
Social projects
continuity with support of on-line alternative
R$ 1.5 bn advanced
to help Minas Gerais fight the pandemic
Mask for Everyone: income for families, +30,000 masks for Vale
7
We are honoring our new pact with society amid COVID-19…
500 million reais in initiatives
35 million tests and PPEs1
3 field hospitals
400 hospital beds Hospital equipments Cleaning materials Investments in R&D
+ others
in Brazil and every location where we operate
…by standing up for our stakeholders
1PPE stands for Personal Protective Equipment.
8
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Vale SA published this content on 06 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 October 2020 14:34:04 UTC
Vale S.A. is one of the world's leading metallurgy and mining groups. Revenues break down by family of products as follows:
- ferrous minerals and metals (80,2%): ferrous minerals (85.1% of revenues; 254 Mt sold in 2020), ferrous mineral granules (13.2%; 31.2 Mt), iron alloys and manganese (0.7%; 1.4 Mt), and other (1%);
- non-ferrous minerals and metals (17.9%): nickel, precious metals, and cobalt (69.7% of revenues; 211 Kt of nickel sold) and copper (30.3%; 247 Kt);
- coal (1.2%): metallurgical coal (2.9 Mt sold) and thermal coal (3 Mt);
- other (0.7%).
Revenues are distributed geographically as follows: Brazil (7.3%), the United States (2.6%), Americas (1.5%), China (57.8%), Japan (5.5%), Asia (8.2%), Europe (13.3%) and Middle East/Africa/Oceania (3.8%).