Investor Presentaiton

Salobo - Project facts Salobo I Salobo II • Capex of US$ 4.1 billion Start-up in 2Q12 (Salobo I) and 1Q14 (Salobo II) • Ore processing capacity of 24Mtpy .Nameplate capacity of 200kt per year Long-term contracts for 100% of production VALE 6

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