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Com essa autorização, a Samarco agora detém todas as licenças ambientais necessárias para
reiniciar suas operações, um marco importante que demonstra seu compromisso com a retomada de
produção de maneira segura e sustentável.
A expectativa é que a Samarco reinicie suas operações usando novas tecnologias para o
empilhamento de rejeitos a seco. Por esse motivo, o reinício operacional de extração de minério de
ferro e das plantas de beneficiamento em Germano e a planta de pelotização no Complexo Ubu,
localizado em Anchieta, Espírito Santo, ocorrerão somente após a implantação de um sistema de
filtragem, cuja expectativa de construção é de aproximadamente 12 meses. Nesse período, a
Samarco continuará as atividades de preparação para volta das operações, que inclui a manutenção
de equipamentos.
Com o processo de filtragem, a Samarco espera poder drenar a parte arenosa do rejeito, que
representa 80% do total de volume de rejeitos, e empilhá-la de forma segura. Os 20% restantes serão
depositados na cava Alegria Sul, uma estrutura confinada, o que aumenta a segurança. As obras de
preparação da cava de Alegria Sul começaram em outubro de 2018 e foram concluídas neste mês
de outubro.
Following this authorization, Samarco has now obtained all environmental licenses required to restart
its operations, an important step that shows its commitment to restarting its operations in a safe and
sustainable manner.
Samarco is expected to restart its operations using new technologies for dry tailings stacking. For this
reason, the operational restart of iron ore extraction and beneficiation plants in Germano and the
pelletization plant in the Ubu Complex, located in Anchieta, state of Espírito Santo, will only occur after
the implementation of a filtration system, which construction is expected to take approximately 12
months. During this period, Samarco will continue its operational readiness activities, which include
equipment maintenance.
Following the implementation of the filtration process, and subject to shareholders approval, Samarco
currently expects to restart its operations around the end of 2020.
With the filtration process, Samarco expects to be able to substantially dewater sand tailings, which
represent 80% of total tailings by volume, and stack these filtered sand tailings in piles safely. The
remaining 20% of tailings are planned to be deposited in Alegria Sul pit, a bedrock self-contained
structure, which increases safety. Alegria Sul pit preparation works began in October 2018 and were
concluded this month.
Following changes to the environmental and regulatory frameworks for mining in Brazil in 2019,
Samarco adjusted its mining and tailings disposal assumptions, including a reduction in the capacity
of the Alegria Sul pit, so that tailings will be confined to the pit self-contained area, and a reduction in
the capacity to store filtered tailings due to the classification of the Germano pit as a dam, which will
now be decommissioned in accordance with the regulation.
The abovementioned changes to regulatory and tailings disposal assumptions materially impact the
expected ramp up of Samarco operations given a range of factors, including but not limited to the
completion of additional licensing processes and the development of additional tailings disposal sites.
Samarco expects to be able to restart operations through one concentrator and produce approximately
7-8 Mtpa, following the installation of the filtration technology. It is currently expected that a second
concentrator could be restarted in approximately 6 years to reach a range of production of
approximately 14-16 Mtpa, and the restart of the third concentrator could happen in around 10 years
after the issuance of the LOC, when Samarco expects to reach annual production volume in a range
of approximately 22-24 Mtpa.
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;
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(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 the French Autorité des Marchés Financiers (AMF), and in particular the factors discussed under “Forward-Looking
Statements” and “Risk Factors” in Vale’s annual report on Form 20-F.