Summary by Futu AI
Vale SA has announced the resumption of power supply to its Onça Puma plant in Rio de Janeiro, Brazil. The power was restored on the night of October 16, 2024, following a previous press release on October 6, 2024, which likely detailed the interruption. The company has begun ramping up operations, with expectations to normalize activities in the subsequent days. This update was provided by Murilo Muller, the Executive Vice President of Finance and Investor Relations. Vale SA also cautioned that any forward-looking statements in the press release are subject to various risks and uncertainties, which could lead to different outcomes than expected. These risks include factors such as the countries where Vale operates, the global economy, capital markets, cyclical nature of industrial production affecting mining and metals prices, and global market competition.