Vale Investor Day Presentation Deck

Biocarbon can support energy transition Applications in BF-BOF & EAF PCI substitute, coke substitute, coke breeze substitute in EAF Brazil potential Big supplier of biomass from eucalyptus, sugar cane and residues E 20 Carbonization pilot plant Small scale pilot plant (25 ktpy) under construction with start-up in 4Q21 Briquetting biocarbon increases density up to five times improving transportation economics

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