Vale informs on dismissal of request for suspensive effect
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Vale informs on dismissal of request for suspensive effect
Vale updates on the press release “Vale informs on the injunction to present guarantees” published on June 11th, 2020, and informs that the TJMG Court judge Leite Praça dismissed the request for suspensive effect on the appeal filed by Vale, and therefore, determined the company to present, until July 23rd, guarantee in the amount of R$ 7.9 billion, in order to ensure the enforcement of any fine or forfeiture of assets, rights and values in the future.
Vale will appeal the decision and will take all measures to ensure its right of defence within the legal deadlines.
Media Relations Office - Vale
imprensa@vale.com
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