Vale Results Presentation Deck slide image

Vale Results Presentation Deck

Business and Financial highlights We have made significant progress on our strategic priorities in 2021: Iron Ore Base Metals Cultural transformation Portfolio optimization Capital allocation -340 Mtpy capacity production in 2021 YE vs. 322 Mtpy in 2020YE 5.1% y/y increase in iron ore fines production 6.8% y/y increase in pellet production 82.5 Mt iron ore fines sales in 4Q21, a record for a fourth quarter Ramp-up of operations in North Atlantic 38.1 kt production at Voisey's Bay, achieving best-to-date annual production 19.4% y/y increase in production in Onça Puma Accelerated Base Metals transformation Increasing maturity of VPS implementation Lowest Total Recordable Injury Frequency Rate (TRIFR) in Vale's history Mosaic and CSI divestments completed Moatize sale signed (expected closing 1H22) US$ 3.5 billion dividend to be paid in March 2022 Return of US$ 23 billion through dividends and buyback programs since 2021 VALE
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