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

 

October 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

 

Vale decharacterizes Dique 1A

Rio de Janeiro, October 11, 2024 - Vale S.A. (“Vale” or “Company”) informs that it has completed the decharacterization of Dique 1A, part of the Conceição System, located in Itabira (MG). This is the 16th upstream structure eliminated by Vale, which therefore completes 53% of the Upstream Dam Decharacterization Program[1]. The decharacterization works were completed ahead of the initially scheduled deadline of December 2024. From now on, the decharacterization will go through the assessment and validation process by the authorities, in compliance with applicable legislation. The actions outlined in the area’s environmental recovery plan are underway.

 

Upstream Dam Decharacterization Program

Since 2019, Vale has consistently advanced in its commitment to eliminate all its upstream tailing’s dams in Brazil. To execute the program, Vale has already invested over R$ 9 billion. The structures are inactive and under permanent monitoring, 24 hours a day, by the Company’s Geotechnical Monitoring Centers.

 

The solutions applied are compatible with the unique characteristics of each structure and prioritize safety of people and the environment. Actions are continuously evaluated and monitored by independent audits as well as by competent authorities. More information about Vale’s dam management is available at www.vale.com/dams.

 

Murilo Muller

Executive Vice President, Finance and Investor Relations

 

 

 

For further information, please contact:

Vale.RI@vale.com

Thiago Lofiego: thiago.lofiego@vale.com

Luciana Oliveti: luciana.oliveti@vale.com

Mariana Rocha: mariana.rocha@vale.com

Patricia Tinoco: patricia.tinoco@vale.com

Pedro Terra: pedro.terra@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.

 

 

 

 

 

 

 

 

 


[1] Considering the total of 30 structures included in the program.

 

 
 

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.

 

  Vale S.A.
(Registrant)  
   
  By: /s/ Thiago Lofiego
Date: October 11, 2024   Director of Investor Relations

 


Vale (NYSE:VALE)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Vale Charts.
Vale (NYSE:VALE)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Vale Charts.