The PDE3 dam, located at the Brucutu mine in São Gonçalo do Rio Abaixo (MG), obtained a positive Declaration of Stability Condition (DCE), certifying the safety of the structure, and its emergency level was closed on last Tuesday (5/9). Since early 2023, three dams have been removed from emergency levels. In addition, eight other Vale structures had their emergency levels closed in 2022. Of the 20 that remain on emergency level, all that have received tailings are inactive and 11 are in the process of being de-characterized. These dams are continuously monitored and receive ongoing actions to improve safety.

The PDE3 dam underwent reinforcement works that confirmed the dam's safety and stability conditions, allowing it to be removed from the emergency level and the DCE to be obtained. The structure contains approximately 70,000 m³ of sediment and was constructed using the single-stage method.

Read more here (portuguese only) and on our Dams page.

Vale's Base Metals business holds 43.34% of PT Vale Indonesia Tbk (‘PTVI’ or ‘the Company’), making Vale SA an indirect shareholder through its Base Metals ownership. Our operational focus centers in Sorowako, South Sulawesi, consisting of mining, smelting, and refining activities. PTVI's growth projects align with Indonesia's ambition to become a global electric vehicle hub, with ongoing initiatives in Central, South, and Southeast Sulawesi. PTVI is listed on the Indonesia Stock Exchange. Learn more at www.vale.com/indonesia.

This statement provides clarification of some key socio and environmental topics related to our activities in the region.

PTVI has pursued sustainable nickel mining and processing excellence since its establishment in 1968 and remains committed to ethical practices and ESG principles. Our interactions with local communities are rooted in dialogue and mutual agreement, ensuring just compensation in line with legal norms. PTVI undertakes a formal grievance process upon receipt of any stakeholder complaint. We actively address unauthorized encroachments within our concession area and collaborate with relevant authorities to ensure compliance. Any activities related to relocation and compensation adhere to the International Finance Corporation's Performance Standards on Environmental and Social Sustainability and other internationally recognized best practice frameworks. Farmers, for instance, who have been subject to involuntary displacement have been duly compensated.

Respecting Human Rights is a paramount concern for PTVI. Our Code of Conduct (CoC) and Human Rights Policy are aligned with international standards, including the Universal Declaration of Human Rights, the UN Guiding Principles on Business and Human Rights, and the Voluntary Principles on Security and Human Rights. We emphasize open dialogue with local communities and authorities to resolve conflicts. Our commitment to Human Rights training for all security personnel, as outlined in our CoC, underscores this commitment. Reports of threats or harassment are treated seriously and reported to authorities as per national legislation. In compliance with Indonesian laws and regulations, PTVI reports acts of violence and disruption of mining activities through non-peaceful demonstrations, such as a recent occurrence near the Asuli and Lembo South area in 2023.

PTVI is also dedicated to enhancing the well-being of the communities where it operates and remains committed to mitigating any risk and impact of its mining activity on the area's water quality. The local community in Asuli village historically faced limited access to water sources and relied on water storage ponds for their water supply. Prior to commencing mining activities, PTVI conducted a comprehensive hydrological analysis to minimize potential impacts on existing water sources and storage ponds. This analysis revealed that the pre-existing water storage ponds already suffered from issues of being brown and muddy with limited water volume, confirming that the poor quality of the spring water existed prior to PTVI initiating mining operations in the area. Additionally, the Lembo South block featured unauthorized pepper plantations within a protected forestry area established by local communities alongside mining activities. Based on PTVI's hydrological analysis, there is no evidence of adverse effects on water storage ponds resulting from mining activities. Despite the limited extent of our mining operations in the Lembo South Block and the absence of any negative impact on the local communities' water storage ponds, PTVI has taken proactive steps in constructing multiple water tank facilities to cater to the needs of neighboring communities, especially the Asuli village.

Moreover, PTVI has consistently upheld an exceptional water quality record. We have been and remain fully committed to ensuring the availability of clean and safe water. Within Sorowako, PTVI effectively manages over 120 wastewater treatment facilities spanning more than 250 hectares to ensure that water discharge aligns with mandated standards. Rigorous effluent sampling and testing take place on a daily basis. Collaboration with accredited independent laboratories for the collection and processing of effluents, in conjunction with regular governmental oversight and assessments, underscores our commitment to compliance. This commitment extends beyond legal requirements, exemplified by PTVI's track record of surpassing prevailing laws and regulations. PTVI is dedicated to addressing concerns related to hexavalent chromium (Cr6+) within our operations. The 2022 PTVI Sustainability Report highlights our meticulous monitoring and sampling efforts, consistently demonstrating that Cr6+ levels in effluents remain well below permissible limits.

In Sorowako, including the Asuli village, our efforts in this regard have encompassed other various initiatives as well. To facilitate easier access to safe and clean water, PTVI has implemented the provision of water tanks, bolstering local communities' water supply infrastructure. Our approach is comprehensive, incorporating hydrological analysis, the establishment of clean water sources through water tanks and borehole wells within the existing network, the identification of springs, and the installation of necessary equipment. The hydrological analysis conducted underscores that our mining activities do not have a detrimental impact on the water supply. Our engagement with communities, in tandem with our collaboration with local authorities, is well-documented. Notably, since July 2023, the community has taken charge of a self-managed water system initiated and furnished by PTVI. Through active participation, the community maintains operation and upkeep of this system, ensuring the sustained availability of clean water.

PTVI refrains from making comments on the discretionary actions of the Police and regulatory bodies and affirms our commitment to legal adherence and ethical conduct, reporting instances of violence and vandalism involving PTVI's employees, contractors, and assets in accordance with its commitment to provide a safe and healthy workplace. . Our approach to conflict resolution prioritizes open dialogue involving the community, village, sub-district, district governments, and other stakeholders. These engagements are carried out with strict observance of the existing legal framework. PTVI’s dedication to the well-being of the community is reflected in our Code of Conduct (CoC) and Human Rights Policy. In line with these commitments, all PTVI security personnel, including contractors, have undergone human rights training.

During a protest in 2023, PTVI found that the protest escalated into vandalism. To avoid potential further escalations or a hostile situation developing, PTVI reported the situation to the authorities, deferring the enforcement to them, as per applicable law. While PTVI cannot comment on police discretion, PTVI's commitment to dialogue is unwavering whilst upholding our obligation to report incidents and prioritize peaceful resolution, fostering a safe and inclusive environment. Our commitment to community safety and respecting and promoting Human Rights is again prescribed in our CoC and Human Rights Policy.

Engagement through open dialogue is a cornerstone of PTVI's approach, and we actively prioritize interactions with the local community, village leadership, sub-district and district governments, as well as other relevant stakeholders. It is crucial to note that PTVI's influence does not extend to military actions. We respect military jurisdiction and are committed to safeguarding and upholding human rights within our operations. Inquiries or concerns pertaining to military conduct should be directed to the appropriate governing bodies in Indonesia.

PTVI reaffirms our commitment to open dialogue with civil society, to promotion of community welfare, and to abiding by the highest ESG standards.

Fulfilling the commitment assumed with the ICMM, with society and its employees, Vale has implemented GISTM in 48 of its 50 tailings storage facilities (TSFs), 35 of which are in the Ferrous business unit in Brazil and 13 in the Base Metals business unit (11 in Canada and 2 in Brazil). The two remaining Ferrous TSFs in Brazil have a lower consequence classification and it will comply with the standard by August 2025, following the criteria of the Conformance Protocols defined by ICMM. The 48 compliant TSFs meet the GISTM requirements, and some of them have action plans in place according to the Conformance Protocols.

To access the complete Press Release, click here.

More information about the Vale’s dams is available at www.vale.com/web/esg/. 

Vale informs that the Declarations of Conformity and Operability ("DCO") of the Emergency Action Plans for Mining Dams ("PAEBM") have been denied for four of its structures, namely Monjolo, ED Monjolo, Porteirinha (Piracicaba River, MG) and Dam 7 (Jeceaba, MG), in accordance with Resolution No. 95/2022 of the National Mining Agency (ANM). The DCO became mandatory in 2022 and specifically evaluates the PAEBM and related measures. The denial signals that there are actions to be taken by Vale to ensure that the referenced PAEBMs have adequate operating conditions. The company is acting to resolve the identified discrepancies as soon as possible.

Vale reiterates that the stability conditions of the four structures remain unchanged. Of the four structures, only Dam 7 was in operation for tailings disposal at the time of the assessment. Based on the negative DCO and prioritizing the best safety conditions for its employees and communities, Vale has suspended the operation of Dam 7 and related production processes until the actions related to the corresponding PAEBM are implemented.

Vale S.A. informs that Mr. Manuel Lino Silva de Sousa Oliveira was appointed today as Lead Independent Director of Vale's Board of Directors. Mr. Ollie Oliveira has been an independent member of the Company's board since 2021, with recognized performance on several international boards in the industrial area and with more than 35 years of experience in corporate finance and strategy, mainly in the mining sector.  

To access the complete Press Release, click here. 

And for more information, access the Board of Directors and Leadership.  
 

Vale released yesterday its Tax Transparency Report 2022, which details the taxes and royalties paid in Brazil, where most of our operations are located, and those paid globally to all spheres of government and by project.

We highlight the jurisdictions where we have our mining operations, since our tax contribution plays a fundamental role in supporting the communities, people and governments of the regions where we operate.
In 2022, Vale paid US$ 9.6 billion in taxes and royalties, of which US$ 8.7 billion (90%) were paid in Brazil.

Click here to access the full report.

And for additional information, please visit Ethics, Compliance and Tax Transparency.
 

Vale’s Integrated Report about its performance in 2022 is now available. The publication provides an objective analysis of the company’s strategy, achievement of commitments, results, highlights and challenges between January 1 and December 31, 2022, focusing on the ESG agenda. 

The document is presented in line with an integrated reporting structure and addresses material issues to provide a balanced view of the company’s ability to generate value in the short, medium and long term. The publication follows the guidelines of the International Integrated Reporting Framework, which is now consolidated under the International Sustainability Standards Board (ISSB), in addition to the GRI Standards, reflecting our commitment to transparency. 

Check out the 2022 Integrated Report and ESG Data Book on our Sustainability Reports page: https://www.vale.com/web/esg/sustainability-reports. 

On the page, you can also see previous editions of the report to check our progress and find out details about the topics that make up Vale’s “materiality matrix,” which is produced every year after assessing and prioritizing the impacts, risks and opportunities associated with our business model. 

The dams Área IX (Ouro Preto) and Capitão do Mato (Nova Lima), both in Minas Gerais, obtained a positive Declaration of Stability Condition (DCE) and had the emergency level closed this week, attesting to the safety of the structures. In all, 10 of the company's dams have closed the emergency level since the beginning of 2022.

The continuous improvement in the safety conditions of Vale's dams is the result of the measures that have been implemented, such as the new management system for the company's tailings disposal structures, based on the lessons learned from the Brumadinho dam collapse and on the best and strictest practices, as defined in the Global Industry Standard for Tailings Management (GISTM).

Area IX - The Area IX dam, located at the Fábrica mine in Ouro Preto (MG), underwent a geological-geotechnical investigation campaign and received complementary instrumentation for its monitoring, which confirmed the dam's stability conditions and made it possible to obtain the DCE and emergency level removal. The structure contains around 768,000 m³ of tailings and is one of the 30 upstream dams of the company that are part of Vale's De-Characterization Program. As of 2019, 40% of them have already been eliminated, which is equivalent to 12 structures. The Area IX dam's decharacterization is expected to be completed by 2024.

Capitão do Mato - The Capitão do Mato dam is located at the Capitão do Mato mine, in Nova Lima (MG), and contains approximately 1.8 million m³ of sediments. The right shoulder region (natural terrain) of the structure received slope stabilization works and drainage improvements, which resulted in satisfactory safety and operating conditions, with the consequent issue of the DCE. The structure was built by the single stage method and has been inactive since 2019.

The actions were duly communicated to the competent agencies, according to the guidelines established in the Emergency Action Plan for Mining Dams (PAEBM) of the structures and in the current legislation, including the National Mining Agency (ANM), the Public Ministry of Minas Gerais (MPMG), the State Environment Foundation (FEAM), the State Secretariat of Environment and Sustainable Development (SEMAD) and the technical audit that accompanies the work on the structures.

For more information on the management and performance of Vale's dams, visit the Control and Management of Dams page.

Vale S.A. informs that it has entered into an agreement with the United States Securities and Exchange Commission (“SEC”). The agreement will terminate a lawsuit filed by the SEC against the Company in April 2022 and will be effective once ratified by the United States District Court for the Eastern District of New York. Under the agreement, without admitting or denying the settled claims, Vale will make payments totaling US$ 55.9 million to the SEC. In addition, the SEC will not oppose Vale’s motion to dismiss all claims that the Company acted with fraudulent or reckless intent regarding its disclosures. Vale continues with its commitment to remediate and repair the damage caused by the dam collapse in Brumadinho in 2019.

Click here to access the Press Release.

Vale's Ethics & Compliance Program is completing two years. In line with our commitment to transparency, we are releasing the second edition of our Ethics & Compliance Annual Report, which gathers information from 2022.

In addition to Whistleblower Channel and Consequence Management data, including the number of terminations of employment in 2022, the document highlights the implementation of our new channel for employees and contractors in Brazil to report sexual harassment or discrimination with specialized and empathetic support. Information about our communication and training actions carried out last year, such as Ethics Week, is also shared in this report.

Click here to access the report. 

For more information about the Program, visit the Ethics & Compliance page.

From the 22nd to the 24th of March, Vale will participate in the UN Water Conference 2023 in New York.
The purpose of the conference is to review the implementation of the Decade Goals: Water for Sustainable Development.

In addition to being present at the conference, we will also promote a virtual Side Event: Challenges and opportunities for sustainable water management in the mining industry.

Our goal is to encourage discussion about the mining sector's relationship with water and present common challenges and best practices aiming at the rational and sustainable use of the resource.

Speakers
Bruno Ferraz (Environment Executive Manager | Vale)
Guilherme Alves (Environment Manager | Vale)
Renata Andries (Water Resources Specialist| Vale) 
David Soares (Water Resources Specialist| Vale)
Felipe Tavares (Superintendent of Hydrological and Socioeconomic Studies | ANA | National Water Agency) 
Cláudia Salles (Manager of Sustainability | IBRAM | Brazilian Mining Institute)
Valmir Pedrosa (Professor and Consultant | UFAL | Federal University of Alagoas)
Alice Castilho (Director of Territorial Management |CPRM | Geological Service of Brazil)
Luis Armacollo (Corporate Account Manager | CEBEDS representative | Brazilian Business Council for Sustainable Development)
Guilherme Freitas (Global Health, Safety and Environment Manager | NEXA)

PARTICIPATE AND HELP US SHARE THIS IDEA!

Date: March 22, 2023
Time: 1:00 pm (NY time | EDT)

To attend the event, click here.

As approved at Vale's last board meeting held on 12/22/2022, we disclosed the updated Vale Group Business and Entity Management Policy. On the same date, we approved the new Authority Policy, and it became a Policy of public use. This change reflects the creation of the Drafting and Publication of Policies. And it brings an unfolding of the latest changes of the Bylaws, establishing the limits of jurisdiction that are the responsibility of the Board of Directors and by exclusion those who are delegated to the Executive Committee.

Vale S.A. (“Vale”) informs that the B3/B4 dam, located in Nova Lima (MG), was removed from critical safety condition as the emergency level was lowered from 3 to 2.

The progress of the dam de-characterization, with the removal of more than 50% of the tailings, improved the stability conditions of the structure and made it possible to lower the emergency level. 

The Self-Rescue Zone (ZAS) of the structure on emergency level 2 will remain evacuated and access to the ZAS area will follow legislation and regulatory bodies review. The de-characterization of the dam will continue to be carried out by remotely operated equipment and is expected to be concluded in 2025. Vale expects to lower the emergency level to 1 by the end of 2023.

Eliminating upstream structures in Brazil is one of Vale's key commitments. By 2022, 12 structures were eliminated, representing 40% of Vale's de-characterization program. 

B3/B4 dam reduction level is an important milestone for Vale and is in lline with the expectation of no dams in critical safety condition (level 3 of emergency) by 2025.
 

For more information, access Control and Management of Dams

​Vale considers that the Bill 191/2020 does not meet the objective of regulating the constitutional provision that includes the possibility of economic activities, including mining, on indigenous lands in Brazil.

Vale's performance is guided by the respect for the rights of indigenous peoples and the company understands that mining on indigenous lands may only take place with the Free, Prior and Informed Consent (FPIC) of the indigenous themselves and in light of a regulatory framework that contemplates the participation and autonomy of indigenous peoples. The recognition of FPIC is essential to meet the rights of indigenous populations to determine their own development and the right to exercise self-determination in face of decisions that concern their territories.

Vale also reinforces that it does not have any mining rights nor does it carry out any research or mining activities on indigenous land in Brazil. Last year, the company announced the relinquishment of all its mining processes on indigenous lands in the country, which includes research and mining requirements. Withdrawal requests were filed with the National Mining Agency (ANM) throughout 2021.

Vale develops activities in traditional lands in countries where there are regulations in force, such as Voisey's Bay in Canada, always with strict observance of the principles mentioned above, with emphasis on Free, Prior and Informed Consent (FPIC), as legally applied in the jurisdictions in which Vale has mining activities

​Regarding the report released today by Articulation of Indigenous Peoples of Brazil (Apib) and Amazon Watch, as already widely reported, Vale does not have any mineral right on indigenous land in Brazil. Last year, the company announced the relinquishment of all its mining rights in Indigenous Land in Brazil (which includes applications for exploration permits and mining concessions). The relinquishment requests were filed with the National Mining Agency (ANM) throughout 2021. This decision is based on the understanding that mining in Indigenous Land can only be carried out with the Free, Prior and Informed Consent (FPIC) of the indigenous themselves and legislation that allows and adequately regulates the activity.
The allegations about the contamination of the Cateté River are also unfounded, which has already been corroborated in expert reports prepared by judicial experts in several scientific areas, which prove that there is no causality between the Onça Puma mining operation and the alleged contamination. See more details here.
Vale also reinforces that it is available to clarify all points with Articulation of Indigenous Peoples of Brazil (Apib) and Amazon Watch.
 

​Based on a proactive and precautionary approach by its tailings and dams management system, Vale informs that it has temporarily upgraded to level 2 the emergency protocol of the Área IX dam, located at the Fábrica mine, in the municipality of Ouro Preto, MG. This measure became necessary after piezometric changes in the structure’s right abutment, associated with the heavy rains that hit the region, a situation that demands studies and corrective actions, already initiated by the company.

The Area IX dam is inactive and is included in Vale's Upstream Dam Decharacterization Program. Its current volume is about 640 thousand cubic meters. The structure had been under a level 1 emergency protocol since June 2020, which was started on a preventive basis, with studies to detail its characteristics and safety conditions. Vale informs that there is no permanent presence of people and no additional evacuation is necessary. The measure started today has no impact on the company’s production.


The structure’s current condition was reported to the authorities and to the audit of the Public Prosecutors’ Office of the State of Minas Gerais and continue to be monitored by Vale's specialized teams and by the respective Engineer of Record. Vale maintains the continuous management and monitoring of its dams and geotechnical structures.
 

​Vale informs that it has initiated the level 1 emergency protocol of the Elefante dike, located at the Água Limpa mine, in the municipality of Rio Piracicaba, MG. This measure became necessary after erosion on the structure’s right abutment, associated with the heavy rains that hit the region, a situation that demands corrective actions, already initiated by the company. The Elefante dike serves to contain sediments and is being decharacterized. Its construction was carried out using the single-step method and its current sediment volume is around 200 thousand cubic meters.


Vale emphasizes that the Elefante dike’s overall stability was not compromised and that there is no permanent presence of people in the corresponding Self-Rescue Zone. There are also no impacts on the company's production. The anomaly was reported to the authorities and to the audit of the Public Prosecutors’ Office of the State of Minas Gerais and continue to be monitored by Vale's specialized teams and by the respective Engineer of Record. Vale maintains the continuous management and monitoring of its dams and geotechnical structures.
 

​Vale hereby discloses to the market the final report ("Report") of the Extraordinary Independent Advisory Committee for Dam Safety ("CIAESB"), which ended its activities in May 2021.
 

Announced on January 27, 2019, the Independent Extraordinary Advisory Committee of Investigation (CIAE-A) was constituted by the Company's Board of Directors, under the coordination of ex-minister Ellen Gracie, dedicated to investigating the causes and responsibilities of the dam B1 rupture, at the Córrego do Feijão mine, in Brumadinho.

In 2019, the Committee met 49 times and, since its creation, it carried out several verification activities - such as interviews with key people to understand the event, document analysis, visits to the site, among others. The Committee also engaged with the authorities responsible for other related investigations and monitored the work of the various established parliamentary committees, in order to obtain relevant information from a variety of sources. The work of the Investigation Committee was also monitored directly by Vale’s Board of Directors and Fiscal Council, through periodic reports. In all cases, the independence of the Committee, including budgetary, is safeguarded.

The result of its work was made available in a report to the Board of Directors and its summary was released to the market to ensure accountability to society. Such report brought recommendations of a technical and governance nature. Most of the recommendations refer to topics that are already being addressed by Vale through various initiatives to improve its internal controls. The executive summary of the report is available click here.

Vale defined the deadlines for actions to comply with the recommendations brought by the CIAE-A report. By the end of 2020, 92% of these actions had been completed and the schedule indicates that all actions will be completed by December 2022.

To access the Accountability Report to CIAE-A Recommendations, prepared under the coordination of Vale's Audit Committee, and the complete work schedule, click here (in Portuguese, only).

​In 2021, the Integrated Report was launched replacing the Sustainability Report. With a more concise approach and greater focus on the ESG strategy, the document was prepared according to the guidelines of the International Integrated Reporting Council (IIRC), in addition to the Global Reporting Initiative (GRI) Standards.
 

​Vale, in partnership with Progress Rail - a company of the American group Caterpillar -, is developing a new 100% electric, battery-powered switchyard locomotive. 
 

Vale informs that it has published today, its first annual Tax Transparency Report as part of our new pact with society and journey to better engage our stakeholders. 



In 2019, Vale paid US$ 4.5 billion in taxes and royalties globally, of which more than 90% (US$ 4.2 billion) were paid in Brazil, where most of our operations are carried out. The amount of US$ 4.5 billion in taxes and royalties paid in 2019 corresponds to more than 10% of Vale’s total economic contribution last year. In addition to tax payments, this contribution includes operational costs, salaries and employee benefits, among others. 


The report sets out the principles behind Vale’s approach to tax and investment. It includes information about corporate income taxes, tax on mining, payroll taxes, tax on products and services and other taxes, providing data on the taxes paid in Brazil, Canada, Indonesia, Mozambique and New Caledonia. 


With this publication, Vale meets with one year in advance its commitment to deliver a detailed tax transparency report as part of its ESG agenda. According to an action plan to fulfil Vale’s ESG reporting commitment, the report was originally scheduled to be published in 2021.


The disclosure of the Tax Transparency report demonstrates Vale’s commitment to transparency as it follows the principles recommended by international entities such as the International Council on Mining and Metals (ICMM) and the Extractive Industries Transparency Initiative (EITI). 
 

​Vale informs that today it started, on a preventive basis, the Level 1 emergency protocol for Barragem 5, at Mina da Mutuca, Nova Lima (Minas Gerais), a protocol that does not require the evacuation of the population downstream of the dam. This tailings dam was built with compacted soil, with a downstream construction method and no longer receives mining tailings.This protocol is a preventive measure.

 

​Vale informs that, on the present date, the Board of Directors has decided to create and establish the Nomination Committee, another important step towards Vale's corporate governance evolution, in which a specific body will directly assist the Board of Directors, proposing improvements related to the structure, size and composition of the Board, in addition to recommending the skills, profiles and potential nominees for the Board, so that Vale continues to benefit from the plurality of arguments and a decision-making process with quality and care, in compliance with laws, ethics and best corporate governance practices. 
 

Vale seeks to be a tireless protagonist towards the neutrality of GHG emissions in the steel, metallurgical and shipping industries and in this sense and in this context, the company updated its climate change policy with strategies to become carbon neutral by 2050.
 

Vale updated the information on Goals and Deadlines in line with its commitment to be carbon neutral by 2050.


 

Vale updated about its Board and Leadership page with information on the Board of Directors' members, assessment processes, among others. Besides that, the page contains uptades about Vale's Committees, including the Audit Committee established in March 2020.

 

​Vale  informs that today it started, as a preventive measure, the emergency protocol at Level 1¹ for the Taquaras sediment dam, of the Mar Azul mine, in Nova Lima (MG), protocol that does not require the evacuation of the population in the Self-Rescue Zone (“ZAS”), downstream of the dam.

​Vale informs that, yesterday, on a preventive basis, the Level 1 emergency protocol for Borrachudo II dike, of Mina Cauê, in Itabira (MG) was initiated. This protocol does not require the evacuation of the population downstream of the dam. The Borrachudo II dike had its Declaration of Stability Condition (“DCE”) issued on March 31, 2020, which remains valid. 

​Vale is updating its Sustainability Policy aiming to contemplate our new commitments to society and our new strategy to achieve our mission: to transform natural resources into prosperity and sustainable development. 

You can contribute by reading the current version of Vale's Sustainability Policy and answering the following questions. The process takes approximately 10 minutes.

Vale informs that it continues to improve its Tailings Management System (“TMS”), with the support of international experts, and brings updates regarding its structures.

​Vale has been following the evolution of the coronavirus outbreak (Covid-19) in Brazil and aiming to preserve the integrity of its employees, service providers and shareholders at the Annual Extraordinary and General Meetings’ (“AGM/E”), which will be held, cumulatively, on April 30th, 2020, the Company encourages the remote participation of shareholders as an option for in-person participation.

​Since the end of January, Vale has been taking all possible efforts to prevent COVID-19. The company's actions resulting from the pandemic are being managed by a structure of regional and executive committees, created especially to ensure the safety of all. Globally, the company complies with the health and safety protocols established by the authorities and agencies of each country and the actions determined by the internal pandemic preparedness and response plan and closely monitors the development of the situation. Some of our actions:

• Take care of our employees, our operations and our business:
  • Home Office for administrative activities as a preventive measure in various locations around the world;
  • Installation, in the coming weeks, of 81 thermal cameras at the gateways of its units in four Brazilian states (Minas Gerais, Pará, Espírito Santo and Maranhão) in order to identify people with high body temperature, one of the symptoms of the new coronavirus;
  • Increased bus fleet;
  • Extra credit on the food allowance for Vale employees in Brazil;
  • Stoppage for maintenance of the Voisey´s Bay mine for a period of four weeks, as a precaution to help protect the health and well-being of the Nunatsiavut and Innu indigenous communities in Labrador;
  • Redirection and redistribution of ships heading to Teluk Rubiah Maritime Terminal, in Malaysia, to our blending facilities in China;

  • Disbursement of US$ 5 billion from its revolving credit lines due in June 2022 (US$ 2 billion) and December 2024 (US$ 3 billion).

• Temporary aid to suppliers:
  • Anticipation of payments to small and medium-sized companies;

  • About R$ 160 million should be injected into the Brazilian economy in the coming days. 

• Humanitarian aid and care for communities:
  • Donation of 5 million rapid test kits for the new coronavirus (COVID-19) to assist the Brazilian Government in combating the spread of the disease in the country;
  • Passenger Trains on the Carajás Railway (EFC) and Vitória to Minas Railway (EFVM) have been halted temporarily .

​Vale states on the new Bill 191/2020 which is being processed in the National Congress and aims to regulate economic activities, such as Mining, in Indigenous Lands.

​Vale is announcing new commitments for 2030 and, in addition, mapped its GAPs in ESG and brought them together in an Action Plan for monitoring and alignment with best practices. Check out the action plan.

The temporary suspension of disposal of tailings of the Brucutu was a proactive conservative measure of the company while assessing the dam’s geotechnical characteristics.