Vale Investor Conference Presentation Deck
13
BMO 31st Global Metals & Mining Conference
Nickel
Building a stable business
Vale's production plan for Nickel
in kt per year
168
2021
175-190
2022-23
200-220
2024+
North Atlantic drilling program
in thousands of meters per year
800
600
●
400
200
0
2015
Voisey's Bay
●
• Extensive near mine and regional
program
Potential to add resources and
extend mine life at Reid Brook
and Eastern Deeps
2020
Sudbury
Balanced portfolio of early-stage
targets, advanced projects and
near mine opportunities
Strong land position in world-
class Ni camp with synergies to
existing operations
●
Surface Underground
forecast
Reshaping
●
2025
Thompson
Exploring near mine targets to
extend mine life at Thompson
Mine
• Advancing exploration studies on
large ultram afic-hosted Ni
deposits
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