Report of Foreign Issuer (6-k)
September 04 2020 - 6:02AM
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
September 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- __.)
Vale completes its first sale of iron ore
using blockchain technology with Nanjing Iron & Steel
Rio de Janeiro, September 3rd,
2020 - Vale S.A. (“Vale”) completed this Thursday its first sale of iron ore using blockchain technology with Nanjing
Iron & Steel Group International Trade Co., Ltd., a subsidiary of Nanjing Iron and Steel Co., Ltd. (NISCO) for
a cargo of 176,000 tons of Brazilian Blend Fines (BRBF) from Teluk Rubiah Maritime Terminal, in Malaysia, to China. This transaction
is aligned with Vale’s strategy of becoming a more innovative and customer-centered company through greater integration with
clients and partnering for the development of new solutions.
It is an important milestone towards the
digitalization of the sales and trade process, bringing innovation to the traditional paper-intensive trade transactions and offering
a better service to the clients as well as predictability in the steel value chain.
The Letter of Credit (LC) was issued through
Contour blockchain platform whilst the shipping documents and the electronic Bill of Lading were handled via essDOCS’ CargoDocs
solution - with all actions carried out through a single, interfaced platform consolidated in Contour. The transaction also had
the support from DBS Bank Ltd and Standard Chartered Bank Malaysia Berhad.
The integrated transaction enabled end-to-end
security and transparency with real time visibility of the documentation to all stakeholders, drastically reducing the amount of
emails and paperwork exchanged among the parties and providing enhanced user experience through access to a single solution to
execute the trade.
Luciano Siani Pires
Executive Officer of Investor Relations
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 engagement.
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 on Form 20-F.
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.
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Vale
S.A.
(Registrant)
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By:
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/s/
Ivan Fadel
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Head
of Investor Relations
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Date:
September 3, 2020
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