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VALE Vale SA

12.61
0.09 (0.72%)
04 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Vale SA NYSE:VALE NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.09 0.72% 12.61 12.67 12.45 12.65 23,144,400 00:30:38

ALL EMPLOYEES AT VALE’S TOTTEN MINE SAFELY BACK ABOVE GROUND

29/09/2021 10:28am

GlobeNewswire Inc.


Vale (NYSE:VALE)
Historical Stock Chart


From May 2021 to May 2024

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Vale informs that all 39 employees underground at its Totten Mine in Sudbury, Ontario, Canada have now safely returned to surface.

 

“I’d like to congratulate our rescue team,” Vale Chief Executive Officer Eduardo Bartolomeo said from Sudbury, where he met with employees and rescue personnel.

 

“Bringing our 39 employees home safe and healthy was our top priority and we’re glad that our emergency plans and procedures worked to deliver that outcome. All the employees are safe now and deserve our deep respect for their perseverance and strong will.” 

 

The employees had been underground since reporting for dayshift Sunday when damage to the shaft rendered the normal conveyance system inoperable. Employees exited the mine with support from Vale’s mine rescue team through a secondary egress ladder system.

 

“This is tremendous news flowing from very difficult circumstances,” said Bartolomeo. “All of us at Vale were focused on and committed to the safe return of our employees underground. Hearing that every one of them is back on surface and returning home is the best news we could have received.”

 

With employees safely returned to surface, Bartolomeo says an investigation will be launched into what happened, so that the company can learn from it and take steps to ensure it never happens again.

 

- 30 -

Danica Pagnutti
Vale
1-705-682-7165
danica.pagnutti@vale.com

Jeff Lewis
Vale
1-437-221-8158
Jeffrey.lewis@vale.com

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