Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
October 06 2022 - 08:26AM
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
October 2022
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 and SHS sign MoU to develop decarbonization solutions in
steelmaking
Rio de Janeiro, October 6th, 2022 – Vale S.A. (“Vale”) and Germany
steelmaker Stahl-Holding-Saar GmbH & Co. KGaA (“SHS”) signed a
Memorandum of Understanding (“MoU”) to pursue solutions focused on
carbon-neutral steelmaking process.
Vale and SHS intend to jointly study and explore, among other
initiatives, (i) the usage of Vale’s green iron ore briquettes and
direct reduction pellets in steelmaking; (ii) a briquette plant
located close to SHS’ facilities; and (iii) the Tecnored
technology.
This initiative contributes to Vale’s commitment to reduce 15% of
net Scope 3 emissions by 2035. Since 2021, Vale engaged with around
30 ironmaking clients representing approximately 50% of company’s
Scope 3 emissions. Additionally, Vale seeks to reduce its absolute
Scope 1 and 2 emissions by 33% by 2030 and achieve net zero by
2050, in line with the Paris Agreement, leading the way to
sustainable mining.
About SHS
SHS is an operative management holding that actively assumes tasks
for the two steel companies in Saarland, Dillinger and Saarstahl.
Dillinger produces steel heavy plates for sectors as steel
construction, offshore and line pipes. Saarstahl is a manufacturer
of high-quality wire rod and bar for the automotive and general
engineering industries. The companies are ready to shape the green
transition. The production of green steel is scheduled to start in
Saarland in 2027. The new production route will include an electric
arc furnace (EAF) at the Völklingen plant and an EAF and direct
reduced iron (DRI) plant for the production of sponge iron at the
Dillinger plant, in addition to the established blast furnace
route.
Gustavo Duarte Pimenta
Executive Officer of Investor Relations
For further information, please contact:
Vale.RI@vale.com
Ivan Fadel: ivan.fadel@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.
|
Vale
S.A.
(Registrant) |
|
|
|
By: |
/s/ Ivan Fadel |
Date: October 6, 2022 |
|
Head
of Investor Relations |
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