<SEC-DOCUMENT>0001292814-24-004689.txt : 20241230
<SEC-HEADER>0001292814-24-004689.hdr.sgml : 20241230
<ACCEPTANCE-DATETIME>20241230163003
ACCESSION NUMBER:		0001292814-24-004689
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20241231
FILED AS OF DATE:		20241230
DATE AS OF CHANGE:		20241230

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Vale S.A.
		CENTRAL INDEX KEY:			0000917851
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL MINING [1000]
		ORGANIZATION NAME:           	01 Energy & Transportation
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-15030
		FILM NUMBER:		241590193

	BUSINESS ADDRESS:	
		STREET 1:		PRAIA DE BOTAFOGO, 186
		CITY:			RIO DE JANEIRO
		STATE:			D5
		ZIP:			22250-145
		BUSINESS PHONE:		55 21 3485-3900

	MAIL ADDRESS:	
		STREET 1:		PRAIA DE BOTAFOGO, 186
		CITY:			RIO DE JANEIRO
		STATE:			D5
		ZIP:			22250-145

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Companhia Vale do Rio Doce
		DATE OF NAME CHANGE:	20051108

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VALLEY OF THE RIO DOCE CO
		DATE OF NAME CHANGE:	20020129

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VALLEY OF THE DOCE RIVER CO
		DATE OF NAME CHANGE:	19950602
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>vale20241230_6k.htm
<DESCRIPTION>6-K
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

                           <P STYLE="margin: 0pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 3pt; margin-bottom: 3pt; width: 100%"><DIV STYLE="border-top: Black 2pt solid; font-size: 1pt; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">United States</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Securities and Exchange Commission</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Washington, D.C. 20549</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">FORM 6-K</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Report of Foreign Private Issuer</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Pursuant to Rule 13a-16 or 15d-16</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">of the</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Securities Exchange Act of 1934</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">For the month of</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">December 2024</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Vale S.A.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Praia de Botafogo n&ordm; 186, 18&ordm; andar,
Botafogo<BR>
22250-145 Rio de Janeiro, RJ, Brazil</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Address of principal executive office)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">(Indicate by check mark whether the registrant files
or will file annual reports under cover of Form 20-F or Form 40-F.)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">(Check One)
Form 20-F <FONT STYLE="font-family: Wingdings">&#120;</FONT> Form 40-F <FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 31.7pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 3pt; margin-bottom: 3pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 2pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0pt"></P>

<P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;<B>&nbsp;</B>&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
  <TR>
    <TD>
    <P STYLE="font: 26pt Vale Sans Extralight,sans-serif; margin: 0; color: #555555">Press Release</P></TD>
    <TD STYLE="text-align: right"><IMG SRC="vale202412306k_001.jpg" ALT=""><P STYLE="font: 26pt Vale Sans Extralight,sans-serif; margin: 0; color: #555555">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="margin: 0; font: 16pt Vale Sans,sans-serif; color: #007E7A"><FONT STYLE="letter-spacing: -0.4pt">Vale informs on the renegotiation
of railway concession contracts</FONT></P>

<P STYLE="font: 16pt Vale Sans,sans-serif; margin: 0; color: #007E7A"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0; text-align: justify; color: #555555">Rio de Janeiro, December 30, 2024 - Vale S.A.
(&ldquo;Vale&rdquo; or &ldquo;Company&rdquo;), the Brazilian National Land Transportation Agency<SUP>[1]</SUP> and the Brazilian Federal
Government, through the Ministry of Transportation, set today the general basis for the renegotiation of the Concession Contracts for
the Caraj&aacute;s Railway (&ldquo;EFC&rdquo;) and the Vit&oacute;ria a Minas Railway (&ldquo;EFVM&rdquo;). The aforementioned contracts
had additional terms established on December 16, 2020, which set the early extension of the concessions until 2057, as per Press Release
disclosed by the Company at the time<SUP>[2]</SUP>.</P>

<P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0; text-align: justify; color: #555555">&nbsp;</P>

<P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0; text-align: justify; color: #555555">The renegotiation will be performed under the
terms of the Concession Contracts, which remain in force, aiming to promote their modernization and updating. Under the renegotiation&rsquo;s
general basis, Vale commits to a maximum global contribution of approximately R$11 billion, for the EFC and EFVM&rsquo;s asset base review,
the optimization of contractual obligations and investments replanning. The transaction terms result in an R$1.7-billion increase in provisions
related to the railway concessions.</P>

<P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0; text-align: justify; color: #555555">&nbsp;</P>

<P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0; text-align: justify; color: #555555">The global contribution includes all investments
and obligations set for the Company by the Concession Contracts and ensures the application of definitive consensual solutions on the
optimization of contractual obligations, including construction works and investments. The general bases established today for the Concession
Contracts&rsquo; renegotiation will comply with usual formalities and will be submitted for the authorities&rsquo; evaluation and approval,
and their conformation will undergo a consensual solution to be discussed with the bodies involved at the Brazilian Federal Accounts Court<SUP>[3]</SUP>.
Once concluded, the Concession Contracts&rsquo; renegotiation will bring definitiveness to the matter of Vale's obligations and investments
in its two railway concessions.</P>

<P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0; text-align: justify; color: #555555">&nbsp;</P>

<P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0; text-align: center; color: #555555">Marcelo Feriozzi Bacci</P>

<P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0; text-align: center; color: #555555">&nbsp;</P>

<P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0; text-align: center; color: #555555">Executive Vice President, Finance and Investor
Relations</P>

<P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0; text-align: justify; color: #555555">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 7pt Vale Sans,sans-serif; margin: 0; text-align: right; color: #555555"><B>For further information, please contact:</B></P>

<P STYLE="font: 7pt Vale Sans,sans-serif; margin: 0; text-align: right; color: #555555">Vale.RI@vale.com</P>

<P STYLE="font: 7pt Vale Sans,sans-serif; margin: 0; text-align: right; color: #555555">Thiago Lofiego: thiago.lofiego@vale.com</P>

<P STYLE="font: 7pt Vale Sans,sans-serif; margin: 0; text-align: right; color: #555555">Mariana Rocha: mariana.rocha@vale.com</P>

<P STYLE="font: 7pt Vale Sans,sans-serif; margin: 0; text-align: right; color: #555555">Luciana Oliveti: luciana.oliveti@vale.com</P>

<P STYLE="font: 7pt Vale Sans,sans-serif; margin: 0; text-align: right; color: #555555">Pedro Terra: pedro.terra@vale.com</P>

<P STYLE="font: 7pt Vale Sans,sans-serif; margin: 0; text-align: right; color: #555555">Patricia Tinoco: patricia.tinoco@vale.com</P>

<P STYLE="font: 7pt Vale Sans,sans-serif; margin: 0; text-align: justify; color: gray">&nbsp;</P>

<P STYLE="font: 7pt Vale Sans,sans-serif; margin: 0; text-align: justify; color: gray">&nbsp;</P>

<P STYLE="font: 7pt Vale Sans,sans-serif; margin: 0; text-align: justify; color: gray">This press release may include statements that
present Vale&rsquo;s expectations about future events or results. All statements, when based upon expectations about the future, involve
various risks and uncertainties. Vale cannot guarantee that such statements will prove correct. These risks and uncertainties include
factors related to the following: (a) the countries where we operate, especially Brazil and Canada; (b) the global economy; (c) the capital
markets; (d) the mining and metals prices and their dependence on global industrial production, which is cyclical by nature; and (e) global
competition in the markets in which Vale operates. To obtain further information on factors that may lead to results different from those
forecast by Vale, please consult the reports Vale files with the U.S. Securities and Exchange Commission (SEC), the Brazilian Comiss&atilde;o
de Valores Mobili&aacute;rios (CVM) and in particular the factors discussed under &ldquo;Forward-Looking Statements&rdquo; and &ldquo;Risk
Factors&rdquo; in Vale&rsquo;s annual report on Form 20-F.</P>


<HR ALIGN="LEFT" SIZE="1" STYLE="width: 33%">

<P STYLE="font: 8pt Vale Sans,sans-serif; margin: 0; color: #7F7F7F"><SUP>[1]</SUP> <I>Ag&ecirc;ncia Nacional de Transportes Terrestres</I>,
ANTT, in Portuguese.</P>

<P STYLE="font: 8pt Vale Sans,sans-serif; margin: 0"><FONT STYLE="color: #7F7F7F"><SUP>[2]</SUP> With the title &ldquo;Vale informs on
the early extensions of railway concessions&rdquo;, available </FONT>here<FONT STYLE="color: #7F7F7F">.</FONT></P>

<P STYLE="font: 8pt Vale Sans,sans-serif; margin: 0; color: #7F7F7F"><SUP>[3]</SUP> <I>Tribunal de Contas da Uni&atilde;o</I>, in Portuguese.</P>



<P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"></P>

<P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: bold 16pt Caecilia Light; margin: 0; text-align: justify; color: #007e7a"></P>

<P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: gray"><B>&nbsp;</B></P>



<P STYLE="margin: 0pt"></P>

<P STYLE="margin: 0pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Signatures</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; border-collapse: collapse; width: 100%">
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif">Vale S.A.<BR>
    (Registrant) &nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 50%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 3%">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 47%">/s/ Thiago Lofiego</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt">Date: December 30, 2024</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-left: 0in"> Director of Investor Relations</TD></TR>
  </TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="margin: 0pt"></P>



<P STYLE="margin: 0pt"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>vale202412306k_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 vale202412306k_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  Y )0# 2(  A$! Q$!_\0
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M.L+*74+M+>+ORS=E'<UW]K;16=LD$*X1!@>_O6^23QE>;J5)MP7?J_+T_P"
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)L8%%6** /__9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
