Iron Ore Products 2009

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94 Contents

Who we are 3

Our sustainability strategy 6

Quality and technology 11

Integrated systems 14

Northern system 16

Southern system 18

Southeastern system 20

Iron ore products 22

Export routes 28

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93Who we are

Vale is a pioneering mining company that works diligently to transform mineral resources into the essential ingredients of people’s everyday lives.

At Vale, our aim is to continually improve our company and to exceed current standards of excellence in the extraction and production of minerals.

The result of our work can be found in most things – from the cars that we drive, to the mobile phones we rely on to stay connected with one another. Vale helps shape the products that surround us, from household appliances to computer and construction components.

Our mission guides all of our actions. We believe that we share the responsibility to seek sustainable development wherever we operate by responsibly managing the effects of our activities.

We are committed to the development of our employees, whose dynamic and persistent spirit, contribute to our constant search for the best way to do things.

Our mission is to transform

mineral resources

into prosperity and

sustainable development.

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Our philosophy is demonstrated through our social and environmental policies and through our commitment to develop the communities with whom we interact.

Vale is dedicated to growing shareholder value and is focused on building strong relationships with our customers.

At Vale, iron ore is the core of our portfolio and this booklet will introduce you our iron ore products. With superior quality, our iron ore passes through a mineral research process based on cutting-edge technologies. Vale’s iron ore keeps up with global demand and is exported to the four corners of the globe.

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For Vale, Sustainable Development is reached when an economic activity adds value to our shareholders, contributes to the well being of society and to the conservation of ecosystems territorially and globally. That happens through the transformation of mineral resources into social development, economic prosperity, and environmental sustainability and the establishment of partnerships with governments, private sector and civil society.

Our sustainability strategy

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We relate sustainable development to four dimensions that are applicable throughout the life cycle of mineral developments: economic, social and environmental as well as stakeholder engagement. We believe that it is only through continuous engagement of stakeholders concerning constructive agendas that it will be possible to achieve long-term strategies and maximize concrete results in the other three dimensions.

With that in mind, we seek to maintain continuous dialogue with our stakeholders aimed at maximizing our contribution to the socio-economic development of the regions where we operate, to conserve the environment, and to leave behind a positive legacy of social, economic, and environmental development.

In order to achieve these goals, our sustainability strategy is based on three pillars:

V alue added to stakeholders

A nticipation an Prevention

L egislation as baseline: continuous improvement

U phold organization and discipline

E thics and respect in business

G uaranteed transparency

L eadership

O bservation of trends

B est practices

A ct local, think global

L egacy for future generations

L icense to operate

O rder for development

C ommunication and engagement

A lliances with key stakeholders

L egacy for the region

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Vale is committed to fully satisfy its customers needs and adopts the best corporate practices to guarantee the high quality of its products and services. This commitment begins with world-class assets, including several mining sites, railways and ports strategically positioned, followed by cutting-edge laboratories for quality control and strong research and development infrastructure.

Throughout Vale’s production chain, from drilling to shipment, several laboratories perform chemical, physical and metallurgical analysis for quality control purposes, on regular basis, to meet the needs of our customers.

Vale is also involved in building together with the customers a strong technical relationship in a win-win basis, offering its research and development tools together with our expertise of more than 30 years in characterization of commercial iron ores on ore solutions for the market.

Quality and technology

Our iron ore is of superior

quality and passes through a

mineral research process based

on cutting-edge technologies.

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This philosophy is extended to Vale’s sales offices spread around the world, offering customer service support through all business phases, from initial orders to technical marketing.

The Ferrous Technology Center – CTF has a fundamental role on the company´s technological development and was inaugurated in 2008. Located 30 km from Belo Horizonte, the CTF centralizes laboratories and pilot plants with equipments devoted to the iron ore application studies.

Through R&D projects it is possible to develop products and technical solutions within an integrated view of mining and steelmaking chain, generating value propositions that can be fully captured by the parties. A combined action of technology, marketing and technical assistance areas ensures that the best iron ore solution can be obtained fulfilling the specific needs of each market where Vale operates.

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Brazil

2. In southern system, iron ore comes from the Brazilian state of Minas Gerais and, after transportation through MRS Railway, it is shipped onto vessels either at Itaguaí or Guaíba ports.

3. In southeastern system, iron ore also comes from Minas Gerais and, after transportation through Vitória a Minas Railway, it is shipped onto vessels at Port of Tubarão. Actually, this production system also comprises the mineral province of Urucum, located in the western part of the country.

Vale owns and is responsible for all logistics involved in its iron ore production, the only exception is MRS Railway, which is not entirely owned by Vale.

1

2

3

Brazil

Vale produces iron ore and pellets in three integrated production systems (mines-railway-port facilities), all of them based in Brazil.

1. In northern system, iron ore comes from Carajás mines and, after transportation through Carajás Railway, it is shipped onto vessels at Ponta da Madeira Maritime Terminal.

Integrated systemsIr

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9171. Northern system

São Luís

CarajásMines

CarajásRailroad

Ponta da MadeiraMaritime Terminal

(pelletizing plant)

The mines of Vale’s Northern System are located in Carajás, one of the richest iron ore provinces of the world, in the Brazilian state of Pará.

Northern System’s high quality iron ore is transported through Carajás Railway, extending almost 900 km, connecting the mines located at Carajás Mineral Province to Ponta da Madeira Maritime Terminal. There, Vale has a seven-million-ton-per-year pelletizing plant and also three shipping berths that are able to load any existing vessel.

Besides being a historical milestone in terms of production and quality, the Northern System is a perfect example of sustainable mining development.

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The mines of Vale’s Southern System are located in the Iron Ore Quadrangle, a region famous for its iron ore deposits, in the Brazilian state of Minas Gerais.

Iron ore production complexes named Paraopeba, Vargem Grande and Itabirito form Vale’s Southern System. From the mining complexes, the iron ore is transported through MRS Railway, extending approximately 600 km, to the ports of Itaguaí and Guaíba. Southern System also comprises two inland pelletizing plants.

This production system was formed basically as a result of acquisitions carried out by Vale since 2000.

2. Southern system

MRSRailroad

Iron OreQuadrangleMines(pelletizingplant)

Guaiba PortItaguaí Port

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Vitóriaa MinasRailroad

Vitória

Iron OreQuadrangle

Mines(pelletizing

plant) TubarãoPort Complex(pelletizing plants)

The mines of Vale’s Southeastern System are located in the Iron Ore Quadrangle, a region famous for its iron ore deposits, in the Brazilian state of Minas Gerais.

Iron ore production complexes named Itabira, Mariana and Central Mines form Vale’s Southeastern System. From the mining complexes, the iron ore is transported through Vitória a Minas Railway, extending approximately 900 km, to Tubarão Port Complex, where Vale operates the world’s largest pelletizing complex and also a three-berth iron ore terminal.

Vale’s oldest mining site, situated in Itabira, started its operations in 1942, and presently belongs to this production system.

3. Southeastern systemIr

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923Iron ore products

Sinter Feed Pellet Feed Pellets

Sinter Feed Carajás

Pellet Feed Fines Guaiba

Pellet Feed Fines Tubarão

Pellet Feed Carajás

Standard Sinter Feed Guaiba

Standard Sinter Feed Tubarão

Tubarão Direct Reduction Pellet

Carajás Blast Furnace Pellet

Vargem Grande Blast Furnace Pellet

Tubarão Blast Furnace Pellet

Fabrica Blast Furnace Pellet

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Fe

SiO2

Al2O3

P

Mn

LOI

Moisture

+ 6.3 mm

+ 1 mm

– 0.15 mm

Note

66.00 %1.40 %1.30 %0.035 %0.650 %1.90 %8.5 %18.0 %55.0 %18.0 %

65.00 %3.60 %1.30 %0.055 %0.250 %1.70 %7.5 %12.0 %51.0 %28.0 %

65.00 %4.40 %0.90 %0.049 %0.150 %1.60 %6.5 %10.0 %51.0 %25.0 %

Screen analysis

Screen analysis

Chemical analysis

Chemical analysis

Standard Sinter Feed Guaiba

Sinter Feed Carajás

Standard Sinter Feed Tubarão

Expected results at loading port / Analysis on dry basis

Fe

SiO2

Al2O3

P

Mn

LOI

Moisture

+ 1 mm

– 0.15 mm

– 0.045 mm

Note

65.30 %1.40 %1.70 %0.040 %0.650 %2.20 %12.5 %1.0 %95.0 %65.0 %

65.80 %2.70 %1.00 %0.055 %0.250 %1.60 %10.5 %2.0 %90.0 %55.0 %

66.50 %2.50 %0.70 %0.035 %0.150 %0.70 %8.0 %2.0 %84.0 %35.0 %

Pellet Feed Fines Guaiba

Pellet Feed Carajás

Pellet Feed Fines Tubarão

Expected results at loading port / Analysis on dry basis

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Fe

SiO2

Al2O3

CaO

Mn

P

Bas.2

Tumble Index (+ 6.3 mm)

Abrasion Index (– 0.5 mm)

Compression Strength (daN/p)

Moisture

Size Distribution: + 8 – 18 mm

– 5 mm

Disintegration (– 3.15 mm)

Swelling Index

Degree of Metallization

Degree of Reduction

Note

Carajás Blast Furnace Pellet

65.34 %1.80 %1.40 %1.80 %

0.040 %1.0094.0 %5.0 %2702.0 %96.0 %1.5 %

15.0 %

80.0 %

Fabrica Blast Furnace Pellet

64.80 %3.50 %0.95 %2.60 %0.25 %0.044 %0.7593.0 %6.0 %2603.0 %96.0 %1.5 %

18.0 %

75.0 %

Physical tests

Chemical analysis

Metallurgical tests

Tubarão Blast Furnace Pellet

65.70 %2.45 %0.65 %2.64 %

0.030 %1.1093.5 %5.5 %2503.0 %95.0 %1.5 %

13.0 %

69.0 %

67.80 %1.25 %0.55 %0.65 %

0.028 %

93.0 %6.0 %2603.0 %95.0 %1.5 %2.0 %

94.0 %

Tubarão Direct Reduction Pellet

Vargem Grande Blast Furnace Pellet

65.20 %2.55 %0.95 %2.55 %0.15 %0.048 %1.0092.0 %6.5 %2503.0 %92.0 %3.0 %

18.0 %

75.0 %

Expected results at loading port / Dry basis analysis, except for size distribution (natural basis)

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929Export routes

Average distances (nautical miles*)

Ponta da Madeira Tubarão Itaguaí

Europe 4,150 5,000 5,100

Asia 12,000 11,250 11,250

Norh America 3,350 4,900 5,200

Middle East 9,000 8,100 8,200

* 1 nautical miles = 1,15 miles

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Brazil HeadquartersAv. Graça Aranha, 26 Centro20030 900 Rio de Janeiro RJ BrazilP. 55 21 3814 4477 F. 55 21 3814 4040

AmericasAv. Graça Aranha, 26 5th Floor Centro20030 900 Rio de Janeiro RJ BrazilP. 55 21 3814 4552 F. 55 21 3814 4949

China25F Aurora Plaza, 99 Fu Cheng Road PudongShanghai 200120 ChinaP. 86 21 3860 0388 F. 86 21 5882 7199

EuropeRoute de Pallatex 291162 St Prex SwitzerlandP. 41 21 806 0555 F. 41 21 806 0666

JapanAtago Green Hills MORI Tower 25F5-1 Atago 2-chome, Minato-KuTokyo 105-6225 JapanP. 81 (0)3 5401 2971 F. 81 (0)3 5401 2989

Korea#3713, 37th Floor, Asem Tower,159-1, Samsung-Dong, Kangnam-KuSeoul 135-798 South KoreaP. 82 (0)2 6001 3855 / 7 F. 82 (0)2 6001 3858 / 3712

OmanP.O. Box 1918, Muttrah 114Muscat, Sultanate of OmanP. 968 2470 7053 / 54 F. 968 2470 7051

Singapore 7 Temasek Boulevard Suntec Tower 1 #33-08Singapore 038987P. 65 6304 3050 F. 65 6884 4739

Vale

Elaborated byMarketing and Research & Development Department

General coordinationCommunications Department

Graphic designDupla Design

PhotosVale file