Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
03 Décembre 2024 - 2:00PM
Edgar (US Regulatory)
United States
Securities and Exchange Commission
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the
Securities Exchange Act of 1934
For the month of
December 2024
Vale S.A.
Praia de Botafogo nº 186, 18º andar,
Botafogo
22250-145 Rio de Janeiro, RJ, Brazil
(Address of principal executive office)
(Indicate by check mark whether the registrant files
or will file annual reports under cover of Form 20-F or Form 40-F.)
(Check One)
Form 20-F x Form 40-F ¨
Press Release |
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Vale informs the Voisey’s Bay Mine Expansion project completion
Rio de Janeiro, December 3rd, 2024
– Vale S.A. (“Vale” or “Company”) announces that it has completed construction and commissioning of the
Voisey’s Bay Mine Expansion (VBME) Project. The expansion transitioned Voisey’s Bay from open pit to underground mining. The
project involved the development of two underground mines – Reid Brook and Eastern Deeps – which will deliver ore for processing
at the company’s Long Harbour refinery, one of the lowest-emission nickel processing plants in the world.
The project’s production capacity is
around 45 ktpy of nickel with another 20 ktpy of copper and 2.6 ktpy of cobalt as by-products, and the full ramp-up is expected by the
second half of 2026. The project completion also represents a crucial milestone for enhancing the competitiveness of our Canadian operations
and will contribute to reducing unit costs in the nickel business segment.
This project underscores Vale Base Metals’
commitment to serve as a catalyst for social and economic growth including local employment, procurement, capacity-building, Indigenous
partnerships, and shared benefits for our stakeholders. Voisey’s Bay entered production in 2005 and, with the completion of the
expansion project, will continue to be an important engine of regional economic growth. The sustainably-produced, responsibly-sourced
nickel, copper and cobalt products will help meet future customer demand as the industry seeks to reduce greenhouse gas emissions and
to lower carbon footprints.
Marcelo Feriozzi Bacci
Executive Vice President, Finance and Investor
Relations
For further information, please contact:
Vale.RI@vale.com
Thiago Lofiego: thiago.lofiego@vale.com
Mariana Rocha: mariana.rocha@vale.com
Luciana Oliveti: luciana.oliveti@vale.com
Pedro Terra: pedro.terra@vale.com
Patricia Tinoco: patricia.tinoco@vale.com
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.
Signatures
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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Vale S.A.
(Registrant) |
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By: |
/s/ Thiago Lofiego |
Date: December 3, 2024 |
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Director of Investor Relations |
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