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Vale S A : China ferrous futures rise, coking coal and coke set for weekly gains

Vale S A : response letter to the proxy advisors reports to the AGM

Dear Shareholder, As the Vale S.A. 2021 AGM approaches, we trust you have seen the reports put out by the proxy advisory firms ISS and Glass Lewis. We were very pleased that both ISS and Glass Lewis recognized the Company s strong performance, ESG track record and significant board refreshment. We highly value the engagement we have had with many shareholders through this process. We have demonstrated our responsiveness to the input we have received and remain committed to meaningful shareholder engagement. In particular, we wanted to provide clarification regarding the following two important agenda items. ELECTION OF DIRECTORS In its analysis, ISS acknowledged the nomination committee s thorough board refreshment process. ISS stated:

China data, supply concerns push copper prices to near two-week high

Message : Required fields March 15 (Reuters) - Copper prices rose on Monday to the highest levels in almost two weeks, building on last week s gains as top metals consumer China released upbeat economic activity data and as concerns over global supply resurfaced. China s industrial output grew 35.1% in January-February from a year ago, beating a 30% surge expected in a Reuters poll and faster than the 7.3% gain in December. Three-month copper on the London Metal Exchange was up 1.1% at $9,185.50 a tonne, as of 0218 GMT, after earlier rising to $9,199.50, the strongest since March 3. The most-traded May copper contract on the Shanghai Futures Exchange climbed 1.5% to 68,070 yuan ($10,472.79) a

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