Vallourec: Restart of operations at the iron ore mine in Brazil
04 Mai 2022 - 8:00AM
Restart
of operations at the iron
ore mine in Brazil
Meudon
(France), May
4th, 2022 – Vallourec
announces that it has restarted operations partially at its iron
ore mine, after having obtained the approval of the mining
authorities to resume them for a period of 3 months, without using
the waste pile. Under these temporary conditions, it is targeted to
progressively ramp up from 70% to full capacity. Vallourec
continues to, in parallel, prepare the return to normal operations,
which will be subject to the validation of the stability of the
waste pile by the mining and state environmental authorities.
About Vallourec
Vallourec is a world leader in premium tubular
solutions for the energy markets and for demanding industrial
applications such as oil & gas wells in harsh environments, new
generation power plants, challenging architectural projects, and
high-performance mechanical equipment. Vallourec’s pioneering
spirit and cutting edge R&D open new technological frontiers.
With close to 17,000 dedicated and passionate employees in more
than 20 countries, Vallourec works hand-in-hand with its customers
to offer more than just tubes: Vallourec delivers innovative, safe,
competitive and smart tubular solutions, to make every project
possible.
Listed on Euronext in Paris (ISIN code:
FR0013506730, Ticker VK), Vallourec is part of the CAC Mid 60, SBF
120 and Next 150 indices and is eligible for Deferred Settlement
Service.
In the United States, Vallourec has established
a sponsored Level 1 American Depositary Receipt (ADR) program (ISIN
code: US92023R4074, Ticker: VLOWY). Parity between ADR and a
Vallourec ordinary share has been set at 5:1.
Calendar
May
18th
2022May
24th 2022 |
Release of first quarter 2022 resultsShareholders’ Annual
Meeting |
For further information, please
contact:
Investor
relations Jérôme FribouletTel : +33 (0)1 49 09 39
77Investor.relations@vallourec.com |
Press
relations Héloïse Rothenbühler Tel: +33 (0)1 41 03 77
50 heloise.rothenbuhler@vallourec.com |
Individual
shareholdersToll Free Number (from France): 0 800 505 110
actionnaires@vallourec.com |
|
- Vallourec - Press Release - Restart of operations Mine
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