Vale S.a. · BMFBOVESPA:VALE3
Vale — Investor Day (June 2008)
95 slides from Vale's investor day presentation, Jun 19, 2008
Slide 1: VIII Analyst & Investor Tour 2008
VIII Analyst & Investor Tour 2008 June 19, 2008 1
Slide 2: Iron ore operations & projects
José Carlos Soares Director of the Northern System Iron ore operations & projects Carajás June 19, 2008 2
Slide 3: Iron ore production systems 2008
Iron ore production systems 2008 324 million metric tons of iron ore 43 million metric tons of pellets Northern System (2008): Iron ore production: 103 Mt/y São Luís pelletizing plant: 7 Mt/y Southeastern System (2008): Iron ore production: 126,3 Mt/y Pelletizing plants: 29.1 Mt/y Urucum Southern Sy
Slide 4: Northern System
Northern System Northern System (2008): Iron ore production: 103 Mt/y São Luís Pelletizing plant: 7 Mt/y Urucum 4
Slide 5: Northern System - Carajás overview
Northern System - Carajás overview Eastern Range Key: Northern Iron Ore Formation Range Southern Range 5
Slide 6: Carajás iron ore mines
Carajás iron ore mines Run of mine % Fe P SiO2 Al2O3 Mn LOI 2007 66.00 0.040 1.30 1.25 0.60 1.90 6
Slide 7: Northern System history & IO production evolution
Northern System History & IO production evolution 110 Pier 03 Start up Carajás 103,0 100 Discovery Pelletizing Plant Start up 91,7 90 Pier 02 Start up 81,8 80 72,5 69,4 70 Pier 01 Start up Carajás Start up 15 Mtpy 58,9 60 53,9 52,4 Mt 50 47,7 45,8 43,8 44,0 43,2 40,8 39,3 40 35,2 31,8 32,8 32,6 32,8
Slide 8: EFC - Carajás Railway
Northern System EFC - Carajás Railway General information: Length: 892 km; single track Crossing yards: 56 Bridges and overpasses: 62 Train type (2007): 3 locomotives and 210 railcars Net cargo: 21,600 (sinter) Railcars total: 8,298 Locomotives fleet: 160 Cycle duration: 78 hours 8
Slide 9: Ponta da Madeira Maritime Terminal
Northern System Ponta da Madeira Maritime Terminal PIER I PIER II PIER III Ships up to 250,000 dwt Maximum draft: 21m Loading rate: 3 X 8,000 t/h 9
Slide 10: São Luís pelletizing plant
Northern System São Luís pelletizing plant Current capacity : 7.0Mtpy 10
Slide 11: Iron ore project pipeline
Iron ore project pipeline Mtons 120 Serra Sul US$ 500 M 100 Northern System 10,094 Southern System 80 Southeastern System 60 Additional 30Mtpy 40 Bau 2,478 Auxiliary CE Itabiritos 2,427 20 Equipment 760 443 S. Leste VGR 1/1 VGR 1/2 653 400 400 0 2008 2009 2010 2011 2012 2013 11
Slide 12: Master plan: 2000-2012
Master plan: 2000-2012 Integrated systems production evolution Production capacity increase to 422Mtpy in 2012 from 146Mtpy in 2000 Serra 500 Sul 450 422.3 400 371.2 379.5 341.5 350 323.9 296.0 300 265.5 250 235.0 Mt 212.0 200 189.1 168.1 174.2 145.8 150 100 50 0 2000 2001 2002 2003 2004 2005 2006 2
Slide 13: Summary of Vale's iron ore
Summary of Vale’s iron ore 2008 2012 9 324 Mt of iron ore; 9 422 Mt of Iron ore; 43Mt of pellets 65Mt of pellets 9 23 mines in operation; 9 26 mines in operation; 9 railway network of 2,000 km 9 railway network of 2,000 km plus; plus; 9 4 shipping terminals; 9 5 shipping terminals; 9 9 pelletizing p
Slide 14: Final comments
Final comments Vale: world leader in the iron ore market: #1 in iron ore and pellets; 33% share in seaborne market; highest quality standards; huge mineral reserves. Vale is planning huge investments in iron ore production never seen before in the mining industry, in order to meet the growing de
Slide 15: Environmental policy
Environmental policy Investments in environmental protection: 2006: US$ 145 Million 2007: US$ 190 Million Provision of US$ 171 Million for future mining depletion and construction of tailing dams. • Air and water quality monitoring; • Support for protection of environmental conservation units; •
Slide 16: Additional 30 Mtpy
Additional 30 Mtpy Description: Production composition: 11% Construction of a crushing facility and a wet screening facility at Northern Range which would be able to supplement the Northern System production capacity in 30 Mtpy. 89% Resources: SF PF Location – Resources: N4WN: 562,7Mt – Dr
Slide 17: Southern Range project
Southern Range project Description: Production composition: – This project aims to attend the Northern System demand after 2012 with an additional production of 90 PF Mtpy. 32% Resources: Production capacity (Mt): – 2012: 40.0 Mtpy. (ramp-up) SF – After 2012: 90 Mtpy 68% Start up: 2012 17
Slide 18: Southern Range project - Carajás iron ore deposits
Southern Range project Carajas iron ore deposits 18
Slide 19: Southern Range project
Southern Range project Starting production capacity: 40Mt/y Operation start-up: 2012 Distance from Northern Range: 80 km 19
Slide 20: The Onça Puma nickel project
João Coral Director of Mineração Onça Puma The Onça Puma nickel project Carajás June 19, 2008 21
Slide 21: General information
GENERAL INFORMATION SUSTAINABLE DEVELOPMENT PROJECT IMPLEMENTATION PRE OPERATIONAL ACTIVITIES PICTURES 22
Slide 22: Location
Location er aren Ferr Igarapé Bahia / Alemao@) : 8 < Noolee ~ Azul Ax) “SF Parauapebas “ey a Cristalino ¥) 8 : Niquel do Vermelho MOP Puma ‘ > MOP Onga Q D csnts be MOP Plante a, © ® Ourilandia A Image ©2005 MDA EarthSat a Ti ee MARANHAO oe Len j S 7 SINGUARS TOCANTINS®... gl S f j 50,0 50 Kilometer
Slide 23: Onça Puma history
Onça Puma history Phases 2002 2003 2004 2005 2006 2007 2008 2009 Scoping study Feasibility study Basic engineering Vale acquisition Basic eng review Approval by Boad of Directors Implementation Comissioning Start Up Line 1 Feb Start up Line 2 May 24
Slide 24: Project summary
Project sumary Mine life: 36 years Grade for first 20 years: 2.4% - 1.6% Ni / 1.73 Ni (average) Process route: RKEF – Rotary Kiln Electric Furnace Production: Design capacity: 220.000t FeNi @ 25% – 57.000tpy Estimated CAPEX: US$ 2.297 billion Proven & probable reserves : 82.7Mt @ 1.73% Ni (saproliti
Slide 25: Operational summary
Operational sumary 2009 estimated production: 17.5 kt Nickel content 2012 nominal capacity: 57.0 kt Nickel content Product transportation: Road to Parauapebas – 350 km Railroad to São Luis – 890 Km Headcount: 1200 team + 400 from contractors Cash cost: US$ 3.35 / lb Ni 26
Slide 26: Sustainable development
GENERAL INFORMATION SUSTAINABLE DEVELOPMENT PROJECT IMPLEMENTATION PRE OPERATIONAL ACTIVITIES PICTURES 27
Slide 27: Operational manpower
Operational manpower 2 years: 50% local manpower 1200 employees and 400 contractors Next years: 70% local manpower Great Investments in recruitment and labor qualification – Construction of Training Center at Ourilândia do Norte (PA). Attraction and Retention Program considered Teachers: 100
Slide 28: Social relationship
Social relationship Churches Government Institutions Municipalities (INCRA/SEMA/SRF other) Onça Puma Project MST and Aboriginals Sem Teto (Xikrins e Kaiapós) Farmers Associations 29
Slide 29: Social investments
Social investments More than R$ 100 million were committed with social institutions to be applied on social investments for the community until 2009. EDUCATION • Students House • Upgrade and Construction of Schools • Construction of Training Center HEALTH & SANITATION • Water & Sewage Treatment in t
Slide 30: Project environment
Project environment CONCEPTS 1 CONCEPTS 2 PROGRAMS • 100% rain water used for operation, to avoid reduce level of Catete River that suppliers Xicrin Indian Reserve. dam or water reservoir 31
Slide 31: Project environment
Project environment CONCEPTS 1 CONCEPTS 2 PROGRAMS • Benchmark developments to dust emissions control system provided to attend Brazilian and International standards: • Brazilian regulatory limit for dust emission: 100 mg / Nm3 • Industry average: 25 up to 75 mg / Nm3 • Onça Puma project factor used
Slide 32: Project environment
Project environment CONCEPTS 1 CONCEPTS 2 PROGRAMS Land rehabilitation Solid waste control Water resources Atmospheric emissions& quality of air Archeology Environmental education Fauna and plant control 33
Slide 33: Project implementation
GENERAL INFORMATION SUSTAINABLE DEVELOPMENT PROJECT IMPLEMENTATION PRE OPERATIONAL ACTIVITIES PICTURES 34
Slide 34: Physical progress implementation
% Mensal ag 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% o/ 06 se %BL. t/0 6 ou t/0 no 6 v/ 0 de 6 z/ 06 ja %BL (2007) n/ 07 fe v/ 0 m 7 ar /0 7 ab r/0 m 7 %BL (2008) ai /0 7 ju n/ 07 ju l/ 0 %repr. ag 7 o/ 07 se t/0 7 66,64% ou t/0 % real no 7 v/ 0 de 7 z/ 07 ja n/ 08 Mês fe %BL acum. v/ 0 m 8 ar /0 8 ab r/0
Slide 35: Global suppliers involved
Global suppliers involved • PROJECT COMPANY: HATCH AND PROGEM • STACKING AND RECLAIMING: FAM / DEDINI • DRYERS, KILNS AND ESPs: FLSMITH • ELECTRIC FURNACE: DEMAG • REFINERY: INTECO • SHOTTING: UDDEHOLM • TRANSFORMERS: AREVA • ELETRIC AND AUTOMATION: ABB • TRANSMISSION LINE ALUSA • MINE FLEET: CAT AN
Slide 36: Health and safety
Health and safety The Onça Puma Project has been obtaining the excellent results in health and safety among the operational / implementation units of VALE. The Onça Puma Project reached important challenges as 4.5 million of hours worked without accidents with waste of time. Main strategies and new
Slide 37: Pre operational activities
GENERAL INFORMATION SUSTAINABLE DEVELOPMENT PROJECT IMPLEMENTATION PRE OPERATIONAL ACTIVITIES PICTURES 38
Slide 38: Process flowsheet
Process flowsheet ROM STACKER RECLAIMER ESP TRUCK DRYER -600mm COAL PREPARATION DRY ORE KILN & DRYER PRIMARY FINES STOCKPILE CRUSHER -200mm -50mm BAGHOUSE +50mm CRUSHER -50mm -12,5mm BAGHOUSE SECONDARY +6,35mm CRUSHER -6,35mm MILL -50mm EXTRUDER BAGHOUSE ESP ROTARY KILN REFINING SHOTTING SLAG POT DE
Slide 39: Pre operational activities
Pre operational activities Pre-operational group – GPO was implemented to: – To structure operational units; – To develop technical and administrative activities; – To warrant the units start-up, with the minimum possible level of problems; – Levering the ramp-up and nickel production curves. 40
Slide 40: Main GPO's proposal
Main GPO’s proposal Structure operational units during the project phase Dimension, mobilize and train all the unit’s employees Participate of the project and assembling processes in an operational and maintenance perspective Coordinate commissioning owner’s team process Implement a qualit
Slide 41: Main GPO's implementations / benefits
Main GPO’s implementations / benefits 42
Slide 42: Operational areas involved
Operational areas involved APROACHES GPO Support USED to Geology & long term planning Mine operation Metallurgy operation Production planning & quality control Mobile equipment maintenance Plant maintenance Maintenance engineering Commissioning Products and consumables logistics
Slide 43: Personnel comparative productivity
Personnel comparative productivity Cast ore per number of employees comparative: BETTER Ore throughput / Total workforce (*1000) 1,8 1,58 1,54 1,6 1,4 1,33 1,2 1,0 0,8 0,70 0,66 0,6 0,4 0,2 0,0 Onça Puma Cerro Matoso Loma de Níquel PT INCO CODEMIN Data: Brookhunt – jan/2008 44
Slide 44: Project strengths
Project strengths VALE infrastructure for businesses directionality; Process technologies development; Benchmark support for the specific activities executions, as for instance: financial operations, supplies, IT, commercial, institutional relationships, etc; High technical capacity / manage
Slide 45: Pictures
GENERAL INFORMATION SUSTAINABLE DEVELOPMENT PROJECT IMPLEMENTATION PRE OPERATIONAL ACTIVITIES PICTURES 46
Slide 46: Pictures - historical progress
Pictures - historical progress Jun/2006 Aug/2006 Jun/2007 May/2008 Panoramic vision Saprolitic nickel ore 47
Slide 47: Pictures - historical progress
Pictures - historical progress Jun/2006 Aug/2006 Jun/2007 May/2008 Initial works 48
Slide 48: Pictures - historical progress
Pictures - historical progress Jun/2006 Aug/2006 Jun/2007 May/2008 Engineering works execution and virolas transport 49
Slide 49: Pictures - historical progress
Pictures - historical progress Jun/2006 Aug/2006 Jun/2007 May/2008 Works in advanced stage 50
Slide 50: Copper operations and projects
Marcio Godoy Director of Copper Department Copper operations and projects Carajás June 19, 2008 52
Slide 51: Copper business
Copper business Our copper business comprises operations in Brazil and Canada and totals 300 kt of copper per year. We have an organic growth strategy with projects in Brazil and other countries and a good base of advanced stage projects in Carajás. Currently we`re producing copper at Sossego, Sudbu
Slide 52: Copper operations management
Copper operations management The Copper Department is aligned with the company’s mission to transform mineral resources into prosperity and sustainable development: Hiring of local workforce About 87% of the workforce hired for Sossego and UHC came from local residents. Water recycling and taili
Slide 53: Sossego
Sossego Sossego is in the fourth year of operation and is constantly focusing on cost reduction and productivity. Satellite ore bodies that will expand Sossego`s lifetime (118 Sulphide Project and Visconde Target):. - 118 Sulphide Project has probable and proved reserves of 12Mt @ 2.4% Cu that will
Slide 54: Salobo
Salobo Mining and plant equipments already ordered, Salobo`s Phase I (100 ktpy) is scheduled to deliver the first concentrate on 2H10. The access bridge has been constructed. Vale also concluded the vegetal suppression at the buffer stockpile, temporary stockpile and at the maintenance shop. Earthwo
Slide 55: Carajás Hydrometallurgical Plant - UHC
Carajás Hydrometallurgical Plant - UHC UHC will develop an alternative technology to pyrometallurgy. Hydrometallurgy has some advantages, such as the possibility to treat low grade concentrates and obtain higher recovery grades in the concentrate plant. Vale`s main objective is to prove the technolo
Slide 56: Papomono - Chile
Papomono - Chile Main equipments already ordered. On implementation, Papomono is a Sx-Ew operation, an opening door to Vale in Chile and the beginning of geographical diversification of the copper business. Permitting on going. All the cash flow generated by Papomono`s operation will be reinvested i
Slide 57: Other copper projects
Other copper projects Cristalino Project Status: Pre-Feasibility. Trade off analysis determined the optimum size of 16 Mtpy of ROM (120 kty of copper in concentrate). Permitting on going. Clean concentrate. 118 Oxide Project Waiting for Implementation license. 59
Slide 58: The Paragominas bauxite mine
Geraldo Brittes Director of Operations, Paragominas Bauxite Mine The Paragominas bauxite mine Carajás June 19, 2008 61
Slide 59: Paragominas bauxite mine
Paragominas bauxite mine Overview First bauxite project wholly owned by Vale, located in the municipality of Paragominas, in the state of Pará; Started its operations in April 2007, to supply Alunorte’s expansion II, with investment of US$ 352 million for 5.4 Mtpy of capacity - US$ 65.2 per ton
Slide 60: Paragominas simplified process flow
Paragominas bauxite mine Simplified process flow Reclaimer Crusher Concentrate Thickener (Product) Silo Recrusher Classification Pumping Station to Pipeline SAG mill Ball mill Recovered water Tailings thickener Tailings Dam 63
Slide 61: Paragominas mining
Paragominas bauxite mine Mining Strip mining method; Gibsite bauxite type; Suitable for low pressure and temperature alumina refineries; Quality: 50% available alumina and 4% reactive silica. 64
Slide 62: Paragominas beneficiation
Paragominas bauxite mine Beneficiation Beneficiation includes SAG and Ball milling; Mass recovery of 70%; Slurry production with 50% of solids; Electric energy supplied by Tucurui hydropower; 230 KV transmission line built by Vale. 65
Slide 63: Paragominas slurry pipeline
Paragominas bauxite mine Slurry pipeline Capacity designed to 14.85 Mtpy of final product; Pump station with six units with combined capacity of 9.9 Mtpy; Pipeline 244 Km long and 24” diameter; From mine to refinery it takes 40 hours trip. 66
Slide 64: Paragominas tailing disposal
Paragominas bauxite mine Tailing disposal Use of tailing thickner to recovery water for beneficiation; Four diques to receive tailings in layers for dry stacking; High solids content after drying; High solids capacity to reduce environmental impact; Total water recovered after drying proce
Slide 65: Paragominas dewatering
Paragominas bauxite mine Dewatering Receiving tanks and filter plant Instead of port facilities; Hyperbaric disc filters to dewater the slurry; Solids content increased from 50 to 88% after filtering; Excess of water treated and used in Alunorte process. 68
Slide 66: Paragominas future developments
Paragominas bauxite mine Future developments A second expansion to 14.85 Mtpy, when approved, will supply the New Alumina Refinery without the need for a second pipeline; Budget for the second expansion is estimated at US$ 416 million; Strong exploration effort being carried in the region shou
Slide 67: Analyst & Investor Tour 2008 - Logistics
Analyst & Investor Tour 2008 Eduardo Bartolomeo Executive Director of Logistics 1
Slide 68: Logistics overview and strategic drivers
Logistics overview and strategic drivers Logistics performance and investments Iron ore General cargo Operational excellence drivers 2
Slide 69: Vale provides integrated logistics services
Vale provides integrated logistics services including railroads and ports terminals OPERATIONAL FIGURES 10,179 kilometers railroad network 1,008 locomotives and 41,761 wagons 6 Ports and Maritime Terminals 3 vessels in operation 6 vessels under construction THESE ASSETS PROVIDE FOR… 251
Slide 70: Safest and most efficient logistic provider
We want the reputation of being the safest and most efficient logistic provider Vale logistics strategy Increase competitiveness in mining operations, mainly iron ore and coal In general cargo, focus on high margin and volume products, mainly steel industry and agribusiness Strategic drivers Cor
Slide 71: Iron ore logistics
Logistics overview and strategic drivers Logistics performance and investments Iron ore General cargo Operational excellence drivers 5
Slide 72: Vale has increased its iron ore shipments at 9.7% per year
Vale has increased its iron ore shipments at 9.7% per year... Iron ore shipments million metric tons 60.8 Mt 39.2 Mt CAGR: 9.7% 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 03 03 03 03 04 04 04 04 05 05 05 05 06 06 06 06 07 07 07 07 08 6
Slide 73: Investing US$ 5.4 billion to expand railroad and port capacity
…investing US$ 5.4 billion to expand its railroad and port capacity to meet demand growth… Logistics investments 2003 to 2008 – US$ 5.4 Bi US$ million 1,896 1,092 981 649 484 274 2003 2004 2005 2006 2007 2008 (*) (*) Budget 7
Slide 74: Southern System investments
…in the Southern System… Vitória a Minas Railroad investments Implemented: Increase of 110 locomotives and 5,100 wagons in the last 5 years Duplication of Railroad between Brucutu and Costa Lacerda Expansion of railroad yard at Costa Lacerda In progress: Expansion of railroad yards at Dr
Slide 75: 5th car dumper
5th car dumper (start-up: May, 2008) Start-up - 2008, May In construction – 2007, October 9
Slide 76: Northern System investments
…as well as in the Northern System Carajás Railroad investments Implemented: Increase of 87 locomotives and 5,540 wagons in the last 5 years Expansion of 51 railroad crossing yards for 330 wagons In progress (30 millions tons additional): Expansion of Carajás and São Luis railroads termina
Slide 77: Ship loaders and stock yards
Ship Loaders and stock yards Stacker and reclaimer 04 - Ponta da Madeira Terminal Construction of 5th ship loaders Ponta da Madeira Terminal 11
Slide 78: Railroad crossing yards for 330 wagons
Railroad crossing yards for 330 wagons... Expansion of Ponta da Madeira railroad terminal Expansion of Carajás railroad crossing yards – Location 41 12
Slide 79: The biggest train in the world
... making possible the biggest train in the world Movie Train specifications 4 locomotives 330 wagons 3.5 Km of length 34,000 tons of iron ore per train Improvements In average, 9 trains/day in the railroad (reducing 30% comparing the last model) Increasing locomotives fuel efficiency .
Slide 80: Northern System has increased its transportation at 20% per year
Northern System has increased its transportation at 20% per year... Northern System Transportation million metric tons CAGR: 20% Iron Ore + Manganese – Foreign Market 117 Iron Ore – Domestic Market 7 General cargo 101 8 93 6 83 7 6 76 7 6 66 6 6 61 5 5 102 4 4 4 87 80 72 66 53 57 2002 2003 2004 2005
Slide 81: New logistics projects in the Northern System
In addition, new logistics projects are being developed in the Northern System to attend growing demand in iron ore Carajás Railroad New railroad branch in Carajás region (183 Km) Carajás main line duplication (612 Km) 72 locomotives and 5.540 wagons Expansion of Ponta da Madeira Maritime Term
Slide 82: Expansion of Ponta da Madeira Maritime Terminal
Expansion of Ponta da Madeira Maritime Terminal 2 new pier and 4 ship loaders 2 new loading tracks 4 new car dumpers 4 new stock yards 16
Slide 83: To better understand the dimensions
To better understand the dimensions… System Capacity – 2.6 times Carajás original start-up Concrete Consumption – 1 million m3 (13 times Maracanã Stadium, 4 times Eurotunel and twice Rio Niterói Bridge) Earth works – 16 millions m3 in railroad (113 times Berge Stahls) Ship loaders – The four largest
Slide 84: Major challenges
Majors challenges… On time on quality Environmental permits Equipment lead-time Human resources (about 15,000 people in the construction) Low OPEX Automation Equipment Standardization Higher axle load Low community impact Partnership with Vale Foundation to implement social programs 18
Slide 85: General cargo logistics
Logistics overview and strategic drivers Logistics performance and investments Iron ore General cargo Operational excellence drivers 19
Slide 86: General cargo gross revenues increased at 31% per year
General cargo gross revenues increased at 31% per year… Gross revenue evolution Fuel US$ million Building materials 7.2% 745 6.4% 3.0% Others 651 Agriculture 548 38.3% 411 253 45.1% Steel By industry sector (2006 basis) 1S 03 1S 04 1S 05 1S 06 1S 07 CAGR: 31% 20
Slide 87: Improving performance of Centro Atlântica Railroad
…improving Operational & Financial performance of Centro Atlântica Railroad Centro Atlântica Railroad - FCA • Railroad sections renewal • Improvement of locomotive fleet • Business re-engineering • Cost reduction program • EBITDA turnaround FCA EBITDA turnaround US$ million 72.1 31.0 FCA Ferroban –
Slide 88: New logistics infrastructure in Espírito Santo state
Plan to develop new logistics infrastructure in Espírito Santo state Litorânea Sul Railroad New section that will connect Vitória a Minas railroad to Ubu Port and the south of Espírito Santo state Viana Attraction of steel companies and new general cargo flows 165 km in length Anchieta Poten
Slide 89: Norte Sul railroad general cargo corridor
The Norte Sul railroad will provide a new general cargo corridor Norte Sul Railroad - FNS On October 3rd Vale was awarded the concession to operate the 720 Km of FNS Focus on general cargo exports (mainly soybean, rice and corn) Vale’s commitment to socio-economic development in Brazil 361 k
Slide 90: Operational excellence drivers
Logistics overview and strategic drivers Logistics performance and investments Iron ore General cargo Operational excellence drivers 24
Slide 91: Green Railroad commitment
“Green Railroad” commitment… About 400,000 steel sleepers will be replaced per Railway sleepers replacement year in both railroads Approximately 1 million steel sleepers will be installed at EFC and EFVM railroads Environmental impact will be reduced by substituting wooden sleepers with steel sl
Slide 92: To be the safest logistic provider
…to be the safest logistic provider… Initiatives to improve safety Development of Operational Policy focused on Safety Training centers for train drivers with simulators Automation and process control ACCIDENTS PER MILLION TRAINS KILOMETERS 83 EFC 78 EFVM 67 FCA 43 26 25 24 15 20 18 13 10 9 11
Slide 93: Achieving operational excellence
…in order to achieve operational excellence Initiatives to achieve excellence Longer trains Efficient locomotives Installation of on board computers Higher axle loads Improved operational model Carajás Railroad trains/day Locomotives Fuel Efficiency (Number of trains per day) (Liters / GTM
Slide 94: Investing in our employees
Only possible because we are continuously investing in our employees Investments in technical know-how and critical competencies development, enabling logistics staff to face new challenges. Promotion of professional qualification for more than 4,300 potential employees in the last three years.
Slide 95: Vale: a global leader
Vale: a global leader www.vale.com [email protected] 70