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
December 2016
Vale S.A.
Avenida das Américas, No. 700 Bloco 8, Sala 218
22640-100 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 o
(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 o 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 o 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 o No x
(If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b). 82- .)
Vale concludes the sale of capesize vessels to Polaris
Rio de Janeiro, December 05, 2016 Vale S.A. (Vale) and Polaris Shipping Co. Ltd. (Polaris) concluded today the sale and purchase of four capesize vessels owned and currently operated by Vale.
The transaction totaled US$ 140 million, equivalent to US$ 35 million per vessel, which will be received by Vale upon the delivery of each vessel. One of the vessels was delivered today and the remaining vessels are expected to be delivered in December 2016 and in January 2017.
The transaction is consistent with Vales strategy of strengthening the balance sheet and focusing on core assets.
For further information, please contact: |
+55-21-3485-3900 |
Andre Figueiredo: andre.figueiredo@vale.com |
Carla Albano Miller: carla.albano@vale.com |
Fernando Mascarenhas: fernando.mascarenhas@vale.com |
Andrea Gutman: andrea.gutman@vale.com |
Bruno Siqueira: bruno.siqueira@vale.com |
Claudia Rodrigues: claudia.rodrigues@vale.com |
Denise Caruncho: denise.caruncho@vale.com |
Mariano Szachtman: mariano.szachtman@vale.com |
Renata Capanema: renata.capanema@vale.com |
This press release may include statements that present Vales 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 the French Autorité des Marchés Financiers (AMF), and in particular the factors discussed under Forward-Looking Statements and Risk Factors in Vales annual report on Form 20-F.
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. | |
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By: |
/s/ André Figueiredo |
Date: December 05, 2016 |
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Director of Investor Relations |
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