Rio de Janeiro, November 18th, 2020 - Vale S.A. ('Vale' or the 'company') informs that today it started, on a preventive basis, the Level 2¹ emergency protocol for the Norte / Laranjeiras dam, of the Brucutu mine, in the municipality of Barão de Cocais, MG. In this sense, with the collaboration among Vale, the municipal and state Civil Defense of Minas Gerais and other authorities, the removal of residents within the dam's Self-Rescue Zone, estimated at 34 people, will begin in the next few days.
Vale adopts this measure in line with the monitoring of the safety conditions of its structures and maintains a geotechnical investigation campaign in order to define the actions for their continuous improvement. The rise in the emergency level reflects a conservative approach by the company, although no relevant changes have been observed regarding the safety factors of the structure. The company informs that the Norte/Laranjeiras dam does not receive tailings and, therefore, has not been part of the iron ore production plan since December 2019.
The removal will be done on a scheduled basis and conducted by the Civil Defense, with the shelter of families by Vale. The company will provide all necessary assistance to the families until the situation is normalized.
Vale reiterates that its priority is the safety of people and communities downstream of its operations, as well as the safety of all its structures.
¹ Regarding the Mining Dams Emergency Action Plan (PAEBM).
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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.