Vale Repudiates Acts of Violence at Vale New Caledonia

Vale informed that a fire broke out at the Vale Nouvelle Calédonie SAS site as protests continued at and around the company premises. The fire was located at
Vale Repudiates Acts of Violence at Vale New Caledonia
Vale New CaledoniaArchyde

Vale informed that a fire broke out at the Vale Nouvelle Calédonie SAS site as protests continued at and around the company premises. The fire was located at the mine and associated infrastructure; the fire brigade the Gendarmes were on site in the evening. The plant, which is located 7km away, remains secure and under the protection of the Gendarmes. Vale repudiates the acts of violence and reaffirms its commitment to the safety and protection of VNC's employees and community partners while unconditionally supporting efforts for a peaceful solution of the situation.

Vale earlier informed that the Vale Nouvelle Calédonie Ssite has been safely evacuated following a night of protests at and near the site by independence activists in New Caledonia. The plant is currently under the protection of the Gendarmes and operations have been halted until safe work and community conditions prevail.

On December 8th Vale signed a binding put option agreement for the sale of its ownership interest in VNC, which is backed by both the Caledonian and French governments and was approved by the VNC workers' council.

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