PR92209

WASHINGTON, Oct. 12, 2021 /PRNewswire=KYODO JBN/--

The International Copper Association (ICA) announced the addition of Vale

International S.A. (Vale) as its newest member. Vale was elected to membership

today at ICA's Annual Meeting of Members in London.

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Vale, headquartered in Brazil, is among the world's largest miners, with

operations covering approximately 30 countries. Vale is committed to becoming

one of the safest and most reliable global mining companies. Vale joins the ICA

at a critical juncture for the copper industry as it strives to support global

goals rooted in the Paris Climate Agreement and the UN Sustainable Development

Goals.

Mark Travers, Executive Vice President, Vale Base Metals, stated, "Vale is

committed to integrating sustainability into its business by building a strong

and positive economic, social and environmental legacy and mitigating the

impacts of its operations. Copper mining is a crucial part of our business, and

we take our responsibility to the environment very seriously. ICA is guiding

its industry-leading members toward collective carbon neutrality, and Vale

believes it is important to collaborate with our peers in this transformation."

ICA's President Anthony Lea added, "We are excited to have Vale join us at this

pivotal point when ESG issues and climate change mitigation are driving the

industry to positive change. We are working closely with our members to define

the ways in which the copper industry can decarbonize its own processes, and we

are aiming for the delivery of a roadmap to achieve this by early next year. It

is critical to have Vale's voice heard in the process."

"Speaking as ICA Chair and a longtime member of ICA, I am delighted to have

Vale on board to strengthen the voice of the copper industry," noted ICA

Chairman of the Board, Steve Higgins (Freeport McMoRan), "The value proposition

ICA delivers for the industry is strong, and we are happy to have other

industry actors unite with us in advocating for our shared interests."

ICA has 31 members operating on six continents.

About Vale

Originally established in 1942 as the state-owned Companhia Vale do Rio Doce,

today Vale is a listed company ranking among the largest miners in the world.

With operations covering approximately 30 countries, Vale works to transform

natural resources into prosperity and sustainable development.

About the International Copper Association

The International Copper Association (ICA) brings together the global copper

industry to develop and defend markets for copper and make a positive

contribution to the UN's Sustainable Development Goals. Headquartered in

Washington, D.C., ICA has offices in three primary regions: Asia, Europe and

North America. ICA and its Copper Alliance(R) partners are active in more than

60 countries worldwide. For additional information, please visit:

www.copperalliance.org.

Media contact:

Nicole Witoslawski, +1-646-350-9968

nicole.witoslawski@copperalliance.org

SOURCE: International Copper Association