Vale analyzes taking an additional stake in steel project Rio de Janeiro, July 3, 2009 - Vale S.A. (Vale) informs that by invitation of Thyssenkrupp AG it is discussing to buy an additional stake on Thyssenkrupp CSA Siderúrgica do Atlântico Ltda. (CSA), in which it is a minority shareholder. CSAis building an integrated steel slab plant in the state of Rio de Janeiro, Brazil. The discussion is taking place in light of the need to make feasible the conclusion of the project and the start-up of CSA operations without further delay, as well as the full utilization of its assets according tomarket opportunities.
For further information, please contact:
+55-21-3814-4540
Roberto Castello Branco: roberto.castello.branco@vale.com
Alessandra Gadelha: alessandra.gadelha@vale.com
Patricia Calazans: patricia.calazans@vale.com
Roberta Coutinho: roberta.coutinho@vale.com
Theo Penedo: theo.penedo@vale.com
Tacio Neto: tacio.neto@vale.com This press release may include declarations about Vale's expectations regarding future events or results. All declarations based upon future expectations, rather than historical facts, are subject to various risks and uncertainties. Vale cannot guarantee that such declarations will prove to be correct. These risks and uncertainties include factors related to the following: (a) the countries where Vale operates, mainly Brazil and Canada; (b) the global economy; (c) capital markets; (d) the mining and metals businesses and their dependence upon global industrial production, which is cyclical by nature; and (e) the high degree of global competition in the markets in which Vale operates. To obtain further information on factors that may give rise to results different from those forecast by Vale, please consult the reports filed with the Brazilian Comissão de Valores Mobiliários (CVM), the French Autorité des Marchés Financiers (AMF), and with the U.S. Securities and Exchange Commission (SEC), including Vale's most recent Annual Report on Form 20F and its reports on Form 6K.
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Information réglementée :
Type : Nouvelle information
Thème(s):
Communiqués au titre de l'obligation d'information permanente - Autres communiqués
Communiqués en période d'offre publique d'acquisition - Autres communiqués
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Publié le 04 Juillet 2009 Copyright © 2009 CompanyNews