Vale Results Presentation Deck
Making progress to deliver medium to long term production
targets
Serra Norte
S11D
Itabira
Brucutu
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Gelado project start-up in 2H22
Applying for rolling licenses to increase 2H22 production
New ore bodies under licensing with further development (N3 and N1/N2)
Improved ore body knowledge and new asset learning curve
Medium term solutions under development: New waste crusher to
process large compact blocks, +10 Mtpy and Serra Sul 120 projects
Tailings filtration plants ramping-up
Itabiruçu dam started raising works in April (first phase to be
completed by year end and final phase in 2023)
Tailings filtration plant ramping-up
Torto dam being concluded in 2Q22 and under licensing process until 4Q22
Licensing and development of tailings/waste stockpiles areas
VALE
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