Vale : 02/02/2018 Vale announces dates for reporting of 4Q17 performance
February 02, 2018 at 05:00 pm
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Rio de Janeiro, February 02, 2018 - Vale S.A. (Vale) will release its 4Q17 financial performance report on Tuesday, February 27th, 2018, after markets closure. Vale will simultaneously release the consolidated financial statements in USD and BRL, in accordance with the IFRS (International Financial Reporting Standards).
Vale will release its 4Q17 production report on Friday, February 16th, 2018, before the opening of the markets. From now on, Vale's production report will be released about 10 days prior to the financial performance report and will include information on the sales performance in the quarter.
On February 28th, Vale will host a conference call/webcast at 11:00 a.m. Rio de Janeiro time (9:00 a.m. US Eastern Daylight Time, 2:00 p.m. British Standard Time). Details about the conference call/webcast will be announced in due time.
For further information, please contact:
+55-21-3485-3900
André Figueiredo: andre.figueiredo@vale.com
André Werner: andre.werner@vale.com
Carla Albano Miller: carla.albano@vale.com
Fernando Mascarenhas: fernando.mascarenhas@vale.com
Andrea Gutman: andrea.gutman@vale.com
Bruno Siqueira: bruno.siqueira@vale.com
Mariano Szachtman: mariano.szachtman@vale.com
Renata Capanema: renata.capanema@vale.com
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, 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), and the French Autorité des Marchés Financiers (AMF), and in particular the factors discussed under 'Forward-Looking Statements' and 'Risk Factors' in Vale's annual report on Form 20-F.
Vale SA published this content on 02 February 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 February 2018 21:59:08 UTC.
Original documenthttp://www.vale.com/EN/investors/information-market/Press-Releases/Pages/Vale-announces-dates-for-reporting-of-4Q17-performance.aspx
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Vale S.A. is one of the world's leading metallurgy and mining groups. Revenues break down by family of products as follows:
- ferrous minerals and metals (80,2%): ferrous minerals (85.1% of revenues; 254 Mt sold in 2020), ferrous mineral granules (13.2%; 31.2 Mt), iron alloys and manganese (0.7%; 1.4 Mt), and other (1%);
- non-ferrous minerals and metals (17.9%): nickel, precious metals, and cobalt (69.7% of revenues; 211 Kt of nickel sold) and copper (30.3%; 247 Kt);
- coal (1.2%): metallurgical coal (2.9 Mt sold) and thermal coal (3 Mt);
- other (0.7%).
Revenues are distributed geographically as follows: Brazil (7.3%), the United States (2.6%), Americas (1.5%), China (57.8%), Japan (5.5%), Asia (8.2%), Europe (13.3%) and Middle East/Africa/Oceania (3.8%).