Vale decides to temporarily halt the Teluk Rubiah Maritime Terminal

23 March 2020

Vale informs that decided to temporarily halt, starting on Tuesday, March 24th, its distribution center in Malaysia, the Teluk Rubiah Maritime Terminal (TRMT) - 23.7 Mt of iron ore shipped in 2019 - at least until March 31st. Vale took this decision as it is temporarily unable to secure the minimum resources to safely operate the terminal.

Vessels heading to the TRMT will be redirected and redistributed among our blending facilities in China with no expected impact on production and sales volume in 2020, but with an impact on sales of approximately 500,000 t in 1Q20. An immaterial cost increase is expected due to additional logistics.

Vale reaffirms its commitment to the safety of its people and the communities in which it operates and will keep investors and markets informed of future developments.


Vale updates on the Teluk Rubiah Maritime Terminal

19 March 2020

Vale provides additional clarification regarding the Teluk Rubiah Maritime Terminal, located in Malaysia. Based on the communications from, and our discussions with, the national and local agencies and authorities, Vale considers, from where the situation stands, that it can continue to operate the TRMT

Vale is in communication with the government and working on a contingency plan to keep the terminal operating, while safeguarding its employees and contractors and in compliance with all the requirements made by the Malaysian authorities.

Vale reaffirms its commitment to the safety of its people and the communities in which it operates and will keep investors and markets informed of future developments.


Vale updates on the outbreak of the coronavirus and implications for Malaysia distribution center

18 March 2020

Vale would like to update the market on the steps and policies it is taking to safeguard its employees, businesses and communities surrounding its operations from the threats that are being posed by the COVID-19 (Coronavirus) outbreak, and on the consequences of such measures.

Vale could temporarily halt, starting on Saturday, its distribution center in Malaysia, Teluk Rubiah Maritime Terminal (TRMT) - 23.7 Mt of iron ore shipped in 2019 -, until March 31st.

Vale is communicating with the authorities to clarify supposed restrictions imposed by the local government on transportation between cities, what could limit the access of workers to TRMT.

In that scenario, vessels heading to TRMT will be redirected and redistributed among our blending facilities in China with no expected impact on production and sales volume in 2020, but with an impact on sales of approximately 800.000 t in 1Q20. An immaterial cost increase is expected due to additional logistics.

Vale reaffirms its commitment to the safety of its people and the communities in which it operates and will keep investors and markets informed of future developments.

Vale press release