Report of Foreign Issuer (6-k)
May 27 2020 - 10:10AM
Edgar (US Regulatory)
United
States
Securities
and Exchange Commission
Washington,
D.C. 20549
FORM
6-K
Report
of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16
of
the
Securities
Exchange Act of 1934
For
the month of
May
2020
Vale
S.A.
Praia
de Botafogo nº 186, 18º andar, Botafogo
22250-145 Rio de Janeiro, RJ, Brazil
(Address
of principal executive office)
(Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
(Check
One) Form 20-F x Form
40-F ¨
(Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1))
(Check
One) Yes ¨ No
x
(Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7))
(Check
One) Yes ¨ No
x
(Indicate
by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing information
to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)
(Check
One) Yes ¨ No
x
(If
“Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b). 82-___
.)
Table
of Contents:
Press
Release
Signature
Page
Vale
becomes aware of a lawsuit filed by the MPMG
Rio
de Janeiro, Rio de Janeiro, May 27th, 2020 - Vale SA (“Vale”) informs, pursuant to the Securities and Exchange
Commission of Brazil (CVM) Instruction No. 358/2002, as subsequently amended, that it became aware of a lawsuit filed by the Public
Prosecutor's Office of the State of Minas Gerais (“MPMG”), allegedly based on Article 5, item V of Brazilian Law 12.846/2013,
that is, according to MPMG understanding, Vale would have, through its employee’s actions, hindered the inspection activities
of public agencies at the complex.
The
judge of the 1st Civil, Criminal and Juvenile Court of the District of Brumadinho, without Vale's prior knowledge or manifestation,
decided to partially grant a preliminary injunction requested by the MPMG for Vale to present, within ten days from the summons
of the decision, guarantees in the amount of R$ 7,931,887,500.00 in order to guarantee the eventual imposition of a fine or forfeit
of assets, rights and values.
Vale
remains firm in its commitment to repair the damage caused by the dam rupture of the Córrego de Feijão mine, which
is its main focus of actions in Brumadinho. Vale will continue to contribute to all investigations and will present its defense
in due course, after summoned, opportunity in which it will have access to the records and documents gathered by the MPMG.
Ever
since the Covid-19 outbreak began, our highest priority is the health and safety of our employees. Our IR team adopted work-from
home, and as we continue to face these new circumstances, we strongly recommend you prioritize e-mail and online.
For
further information, please contact:
Vale.RI@vale.com
Ivan
Fadel: ivan.fadel@vale.com
Andre
Werner: andre.werner@vale.com
Mariana
Rocha: mariana.rocha@vale.com
Samir
Bassil: samir.bassil@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 in particular the factors discussed under “Forward-Looking Statements” and “Risk Factors” in
Vale’s annual report.
Signatures
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
|
Vale S.A.
(Registrant)
|
|
|
|
By:
|
/s/
Ivan Fadel
|
Date: May 27, 2020
|
|
Director of Investor Relations
|
|
|
|
|
|
|
Vale (NYSE:VALE)
Historical Stock Chart
From Aug 2024 to Sep 2024
Vale (NYSE:VALE)
Historical Stock Chart
From Sep 2023 to Sep 2024