Vale Investor Relations Material

Vale S.A. is a Brazilian mining company with multinational operations. The company is one of the world's leading mining companies, primarily known for being the largest producer of iron ore and nickel globally. Apart from mining, the Vale is involved in logistics operations, owning railways and ports, which are integral in transporting its mined materials. Its business activities span several continents, with major operations in Brazil, North America, Asia, and Africa. The company is headquartered in Rio de Janeiro, Brazil, and is listed in New York, Sao Paolo, Madrid, Jakarta, and Paris.

Vale S.A. was established in 1942 by the Brazilian government and has since evolved into a privately owned global leader in iron ore and nickel production. Initially focused on iron ore extraction in Brazil, Vale expanded its operations over the decades to include minerals like nickel, copper, and coal. The company underwent significant changes in the 1990s when the Brazilian government privatized it, leading to a phase of international expansion. Today, the company owns and operates mines in several other countries besides Brazil, and is one of the leading mining companies globally.

The Vale of today operates as a diversified mining conglomerate with a focus on the extraction and production of iron ore and nickel, which are its primary focus. However, Vale also produces copper, potash, bauxite, and several other commodities. The company operates large-scale iron ore mines in Brazil, with additional mining operations spanning across Canada, Indonesia, and Mozambique. Vale is also a significant player in the coal industry. Beyond extraction, Vale's activities include processing these raw materials into higher-grade forms suitable for industrial use. As previously mentioned, the company is one of the largest mining companies globally together with companies such as Glencore, BHP, and Rio Tinto.

Vale S.A. operates a robust logistics network crucial to its mining operations, including railways, ports, and ships. The company's railway systems, notably in Brazil, are integral for transporting iron ore from mines to coastal ports. These ports, managed by Vale, facilitate the global distribution of their products. Vale also owns and operates a fleet of ore carriers, known as Valemax ships, which are among the largest in the world, to transport commodities to European and Asian ports.