Vale S.A. : Vale S.A. :Vale obtains operating permit for railway terminal at
the Ponta da Madeira
Vale obtains operating permit for railway terminal at the Ponta da Madeira
Rio de Janeiro, April 29, 2013 - Vale S.A. (Vale) informs that it has been
granted the operating license (LO) for the railway terminal at Ponta da
Madeira (PDM) in the state of Maranhão, Brazil, issued by the state
environmental authority. The railway terminal is part of the CLN 150 project.
The LO issued allows the operation of the new infrastructure, which
encompasses loading yards, access line to car dumpers 5 and 6, passenger train
rail loop and new facility buildings.
Vale had already been granted the LO for Pier IV of CLN 150, including onshore
and offshore areas. The CLN 150 enables the expansion of the logistic capacity
of Carajás to 150 million metric tons per year. Besides the construction of
the railway terminal and Pier IV, CLN 150 also involves expansion of part of
the Carajás railway (EFC).
For further information, please contact:
Roberto Castello Branco: firstname.lastname@example.org
Viktor Moszkowicz: email@example.com
Carla Albano Miller: firstname.lastname@example.org
Andrea Gutman: email@example.com
Christian Perlingiere: firstname.lastname@example.org
Marcelo Bonança Correa: email@example.com
Marcio Loures Penna: firstname.lastname@example.org
Samantha Pons: email@example.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 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 obtains operating permit for railway
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Source: Vale S.A. via Thomson Reuters ONE
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