Vale Results Presentation Deck
Vale's Performance in 2022: We are building a better Vale
Business and Financial highlights
Iron Ore
Base Metals
Climate
change
Portfolio
optimization
Capital
allocation
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2022's production guidance revised to 310-320 Mt
Solid production in Minas Gerais operations (38% increase q/q)
Maintenance works affected nickel and copper quarterly production
2022's copper production guidance revised to 270-285 kt
Decarbonization MoU with Nippon Steel (~50% of Scope 3 covered by MoUs¹)
Second 100% electric locomotive received, powered by battery
Midwestern System divestment completed
Binding agreement to sell Vale's stake in CSP
US$ 3.0 billion dividend to be paid in September 2022
23% of current buyback program completed²
¹ Memorandum of Understanding. Also includes nondisclosure agreements to decarbonize ironmaking process. 2 As of July 28th, 2022. Approximately 114 million repurchased shares (23% of 3rd announced program)
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