Rio de Janeiro, June 13, 2016 – Vale S.A. (Vale) informs that the public civil action filed at 5ª Vara Federal of Rio de Janeiro by Sohumana Sociedade Humanitária Nacional (Sohumana) against Samarco Mineração S.A. and its shareholders, BHP Billiton Brasil Ltda. and Vale was dismissed without prejudice and the decision has become final, therefore not subject to appeal.
The public civil action filed by Sohumana was seeking the indemnification payment for the environmental and proprietary damages supposedly caused by the accident at the Samarco Fundão taillings dam, at the city of Mariana, in Minas Gerais state. The plaintiff attributed the value of R$20,000,000,000.00 to the cause.
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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 and not on historical facts, 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), the French Autorité des Marchés Financiers (AMF), and The Stock Exchange of Hong Kong Limited, and in particular the factors discussed under “Forward-Looking Statements” and “Risk Factors” in Vale’s annual report on Form 20-F.
Source: Vale S.A.