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Vale S.A. — Regulatory Filings 2012
Aug 27, 2012
30050_iss_2012-08-27_215ceb11-1daa-47ba-b514-2f9f81b20bcd.pdf
Regulatory Filings
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VALE
Press Release
Vale lifts force majeure at Carborough Downs
Rio de Janeiro, August 27, 2012 – Vale S.A. (Vale) informs that it lifted force majeure (FM) at the Carborough Downs metallurgical coal operation in the Central Bowen Basin, Queensland, Australia. FM was declared on May 31, 2012, following the detection of abnormal levels of carbon monoxide in the mine. No employees were adversely affected and no environmental damage occurred.
Carborough Downs has resumed production at a safe rate. Output will gradually normalize as the remaining operational and geological issues are resolved. In the second quarter of 2012, Carborough Downs produced 82,000 metric tons of metallurgical coal.
For further information, please contact: +55-21-3814-4540 Roberto Castello Branco: [email protected] Viktor Moszkowicz: [email protected] Carla Albano Miller: [email protected] Andrea Gutman: [email protected] Christian Perlingiere: [email protected] Marcio Loures Penna: [email protected] Rafael Rondinelli: [email protected] Samantha Pons: [email protected]
This press release may include statements that present Vale's expectations about future events or results. All statements, when based upon expectations about the future and not on historical facts, involve various risks and uncertainties. Vale cannot guarantee that such statements will prove correct. These risks and uncertainties include factors related to the following: (a) the countries where we operate, especially Brazil and Canada; (b) the global economy; (c) the capital markets; (d) the mining and metals prices and their dependence on global industrial production, which is cyclical by nature; and (e) global competition in the markets in which Vale operates. To obtain further information on factors that may lead to results different from those forecast by Vale, please consult the reports Vale files with the U.S. Securities and Exchange Commission (SEC), the Brazilian Comissão de Valores Mobiliários (CVM), the French Autorité des Marchés Financiers (AMF), and The Stock Exchange of Hong Kong Limited, and in particular the factors discussed under "Forward-Looking Statements" and "Risk Factors" in Vale's annual report on Form 20-F.