Vale S.A. : Vale S.A. : Vale lifts force majeure on coal shipments in Mozambique Vale lifts force majeure on coal shipments in Mozambique Rio de Janeiro, March 20, 2013 - Vale S.A. (Vale) informs that effective today it has lifted force majeure (FM) on a number of its coal sales contracts in Mozambique. FM was declared on February 15, 2013 following heavy rainfall since early February in Tete, Mozambique, creating serious challenges to the Linha do Sena railway, thus impacting shipments of metallurgical coal at approximately 500,000 metric tons. For further information, please contact: +55-21-3814-4540 Roberto Castello Branco: email@example.com Viktor Moszkowicz: firstname.lastname@example.org Carla Albano Miller: email@example.com Andrea Gutman: firstname.lastname@example.org Christian Perlingiere: email@example.com Marcelo Bonança Correa: firstname.lastname@example.org Marcio Loures Penna: email@example.com Samantha Pons: firstname.lastname@example.org 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. Vale lifts force majeure on coal shipments in Mozambique ------------------------------------------------------------------------------ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Vale S.A. via Thomson Reuters ONE HUG#1688354
Vale S.A. : Vale S.A. : Vale lifts force majeure on coal shipments in Mozambique
Press spacebar to pause and continue. Press esc to stop.