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1 Fabio Schvartsman, CEO Bank of America Merrill Lynch Global Metals, Mining & Steel Conference Miami, May 15th, 2018 Premium, flexible and predictable Ricardo Teles / Vale
Fabio Schvartsman, CEO
Bank of America Merrill Lynch Global Metals, Mining & Steel Conference
Miami, May 15th, 2018 Premium, flexible and predictable
Ricardo Teles / Vale2
Agenda“This presentation may include statements thatpresent Vale's expectations about
future events orresults .Allstatements, when based upon expectations about the
future and notonhistorical facts, involve various risks and uncertainties .Vale
cannot guarantee that such statements willprove correct .These risks and
uncertainties include factors related tothefollowing :(a)thecountries where we
operate, especially Brazil and Canada ;(b)theglobal economy ;(c)thecapital
markets ;(d)themining and metals prices and their dependence onglobal
industrial production, which iscyclical bynature ;and(e)global competition inthe
markets inwhich Vale operates .Toobtain further information onfactors thatmay
lead toresults different from those forecast byVale, please consult thereports
Vale files with theU.S.Securities and Exchange Commission (SEC), the
Brazilian Comissão deValores Mobiliários (CVM), theFrench Autorité des
Marchés Financiers (AMF) and inparticular the factors discussed under
“Forward -Looking Statements” and“Risk Factors” inVale’s annual report onForm
“Cautionary Note toU.S.Investors -TheSEC permits mining companies, intheir
filings with theSEC, todisclose only those mineral deposits thatacompany can
economically and legally extract orproduce .Wepresent certain information in
thispresentation, including ‘measured resources,’ ‘indicated resources,’ ‘inferred
resources,’ ‘geologic resources’, which would notbepermitted inanSEC filing.
These materials arenotproven orprobable reserves, asdefined bytheSEC, and
wecannot assure you that these materials willbeconverted into proven or
probable reserves, asdefined bytheSEC.U.S.Investors should consider closely
thedisclosure inourAnnual Report onForm 20-K,which may beobtained from
us,from ourwebsite orathttp://http ://us.sec.gov/edgar .shtml .”
Disclaimer3Vale: a premium, flexible and predictable company 3
•Fe “flight to quality”
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