Vale Investor Conference Presentation Deck
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We are relying on robust tools to align our capital allocation
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Re-rating
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Increase in low carbon CAPEX: US$ 4-6 billion
investment by 2030 for GHG reduction
US$ 50/tCO2e shadow price for all capital allocation
decisions
Portfolio of GHG reduction opportunities: marginal
abatement cost curve updated on an annual basis, in order
to prioritize most cost-efficient projects to pilot and scale up
~80% of initiatives mapped are NPV positive¹ at the
considered shadow price, with increased technological
maturity due to piloting and studies
1 As of June 2021. Values include assumptions for low maturity technologies, carrying uncertainties.
Marginal Abatement Cost - USD/tCO₂e
MAC curve highlights - 2021 update
50 USD/t CO2e
1
Maturity level
31%
9Mt
COze
22%
2
37%
10%
3
Commercial
Industrial tests
Pilot / prototyping
Proof of concept
Basic research
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GHG emission reduction in 2030 (MtCO₂e)
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2030 Goal
▪ Increased number of emission reduction initiatives from 30+
in 2020 to 40+ in 2021
▪ Increased maturity of projects through pilots
▪ ~50% of commercial entering FEL stage
12View entire presentation