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    At Vale Day 2023, held in London on December 5, CEO Eduardo Bartolomeo and other Vale executives presented the evolution of our commitments and our strategic agenda to investors and capital market analysts.

    Our strategic pillars remain strong: promote sustainable mining, foster low-carbon solutions and stay disciplined.

    In executing our strategy, we present the five levers to unlock potential value and drive Vale's growth: our safety journey, operational stability in iron ore, growth and quality in iron ore, the energy transition metals transformation and ESG leadership, starting with reparation.

    Downloads e replay​

    Watch the replay of the webcast and download the presentation.

    Check out the main points announced at Vale Day 2023:

    In the first 10 months of 2023 we have achieved the lowest in Vale's history and the lowest amongst our peers. This result reflects the significant progress in the way we operate our business and in our safety profile.

    This stands out as our main achievement of the year. However, we are not yet satisfied. During Vale Day 2023, we also reaffirmed our commitment to achieve the goal of zero high-potential injuries recorded by 2025.
    The combination of VPS implementation and the newly designed Executive Committee has ensured greater focus on our Iron Ore Solutions assets. The first eleven months following the creation of the Operations Office have already shown improved operational stability, helping to build a solid platform for long-term growth.

    During the Vale Day 2023, we reinforced our commitment to a production baseline of 310-320 Mt through higher predictability and lower variability. We expect to increase adherence to our production plan to 95% in 2026 compared to the 90% we are at today.
    The Iron Ore Growth and Quality is making the bridge between the 2023 production and our long-term production. Three strategic growth projects are underway to deliver the 50-million-ton capacity and improve the average quality by 2026.
    During the last year, we have found top-notch partners to the business, as Manara Minerals e Engine No. 1, that shares with us the same long-term view for those assets.

    We are now working to build a leading future-facing commodities platform, which will create substantial long-term value.
    We are working towards becoming a leader in ESG practices. For that, we are expediting reparation processes.

    In Brumadinho, over 14 thousand people were compensated. Also, we have already executed 64% of the Integral Reparation Agreement and expect to complete around 90% of the obligations by 2026.

    In Mariana, Renova Foundation has disbursed about R$ 34 billion to execute its 42 reparation programs. Over 430 thousand people were already compensated, while more than 80% of housing solutions have already been delivered. Water quality of the Doce River is similar to the quality before the dam collapse. Furthermore, we continue to negotiate with authorities for a settlement that ensures reparation within the shortest time possible, and with legal certainty to all parties involved.

    Speakers:

    Check the videos presented at Vale Day 2023

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