With operations, offices, exploration projects and joint ventures spread across five continents, Vale is a world leader in the mining sector. Headquartered in Brazil, we operate in over 30 countries and employ over 195,000 people (including employees and long-term contractors). We are the global leader in iron ore and the second biggest nickel producer. We also produce copper, coal, manganese, ferroalloys, fertilizers, cobalt and platinum group metals. In addition, we operate in the logistics, steel, energy and fertilizers sectors. Present on five continents, we work responsibly and are committed to sustainable development. Our shareholders come from all parts of the world and our shares are traded on the stock markets of SÜo Paulo, New York, Hong Kong, Paris and Madrid. All of ValeÍs activities are guided by our policy of transparency, respect for shareholdersÍ rights, environmental protection, staff development and improvements to the quality of life in the communities where we operate. We believe in innovation as the foundation for our development, helping us to create the mining of the future and achieve our vision of being the most important natural resources company in the world by creating longterm value. We value and invest in the people who work with us to overcome new challenges. We are global, not only because we are present throughout the world, but because we think globally."_"