Vale SA Venture Capital will support disruptive solutions to the challenges of the mining and metals industries, keeping Vale SA in sync with innovative technologies and business models that will help change the future.

Vale SA, one of the world's largest mining companies, is launching his corporate venture capital plan, Vale SA Venture Capital Fund (Vale Ventures). The $100m fund will support start-ups around the world to create new business opportunities, develop innovative technologies and integrate them into Vale SA's operations.

Vale SA believes that sustainable mining is crucial to global development. To support the world's more sustainable development, Vale SA will acquire minority stakes in start-ups focused on the following four areas:

1. Decarbonization of the mining value chain-technology to help Vale SA and his customers reduce carbon emissions and support the company to achieve the goal of net zero emissions by 2050.

2. Zero-waste mining-supporting circular economy and creating new sources of income while reducing mining waste and environmental impact.

3. Energy Transformation Metals-accelerate the supply of key metals, thereby driving energy transformation and nurturing new demand drivers.

4. The future of the mining industry-- a disruptive technology that completely changes the mode of operation of mining enterprises.

5. "We will work with visionary startups to bring grand ideas and bold ideas to meet these serious challenges."

"by developing a series of disruptive solutions, we can get financial and strategic returns, bringing new business opportunities, insights and knowledge to our company, our customers and society as a whole," said Viktor Moszkowicz, head of Vale SA's venture capital fund.

Vale SA's venture capital fund strengthens Vale SA's commitment to innovation, which is the key to working with society to improve life and change the future.