Following communication from July 1st, Vale clarifies that the Company's Board of Directors will swiftly proceed with the collegiate body's recomposition by means of the appointment of two substitute members, in compliance with article 11, §9º of the Company's Bylaws.
The selection of the new members will be performed with the assistance of Korn Ferry, an international consulting company, considering the provisions of the Administrators Policy, legal guidelines and market rules. The appointed members will serve until the next Extraordinary General Meeting, which will be convened later.
Vale's Board of Directors will continue, as always, to regularly perform its duties in the Company's management, in accordance with Vale's Bylaws, the board's Internal Regulations, corporate policies and applicable legislation.
Attachments
Original Link
Permalink
Disclaimer
Vale SA published this content on
02 July 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
02 July 2024 13:22:02 UTC.
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%).
VALE S.A. 
