<SEC-DOCUMENT>0001292814-25-002610.txt : 20250709
<SEC-HEADER>0001292814-25-002610.hdr.sgml : 20250709
<ACCEPTANCE-DATETIME>20250708191037
ACCESSION NUMBER:		0001292814-25-002610
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20250930
FILED AS OF DATE:		20250709
DATE AS OF CHANGE:		20250708

FILER:

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

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-15030
		FILM NUMBER:		251111970

	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>vale20250708_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">July 2025</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="text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: top; width: 44%; padding-right: 3.5pt; padding-left: 3.5pt; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 56%; padding-right: 3.5pt; padding-left: 3.5pt; font: 12pt Times New Roman, Times, Serif; text-align: right"><IMG SRC="vale202507086k_001.jpg" ALT=""></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 16pt Vale Sans,sans-serif; margin: 0; color: teal"><B><U>Communication of transaction with related party</U></B></P>

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

<P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0; text-align: justify">Rio de Janeiro, July 8, 2025 &ndash; Vale S.A. (&ldquo;Vale&rdquo;
or &ldquo;Company&rdquo;), in accordance with Article 33, item XXXII, of CVM Resolution No. 80, dated March 29, 2022, announces the following
transaction with a related party:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 32%; border: Black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Vale Sans Black,sans-serif; font-size: 10pt">Related party&rsquo;s name</FONT></TD>
    <TD STYLE="width: 68%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Vale Sans,sans-serif; font-size: 10pt">VLI Multimodal S.A. (&ldquo;VLI&rdquo;)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Vale Sans Black,sans-serif; font-size: 10pt">Relationship with the issuer</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Vale Sans,sans-serif; font-size: 10pt">Vale has a stake in VLI, and Mitsui &amp; Co., Ltd is a common shareholder of Vale and VLI.</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Vale Sans Black,sans-serif; font-size: 10pt">Transaction date</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Vale Sans,sans-serif; font-size: 10pt">06/27/2025. </FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Vale Sans Black,sans-serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Vale Sans Black,sans-serif; margin: 0; text-align: center">Object of the contract</P>
    <P STYLE="font: 10pt Vale Sans Black,sans-serif; margin: 0; text-align: center">&nbsp;</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0; text-align: justify">This transaction aims to renegotiate the existing agreements
    between Vale and VLI for freight transportation on the Vit&oacute;ria-Minas Railroad (&ldquo;EFVM&rdquo;, acronym in Portuguese), based
    on the new regulatory framework for the railroad sector (ANTT Resolution No. 5,990/22). Under this framework, VLI is authorized, in its
    capacity as a Rail Cargo Transport Agent (&ldquo;ATF-C&rdquo;, acronym in Portuguese), to carry out cargo transportation independently
    from railway infrastructure exploitation through network sharing in the right-of-way. As a result, the operation of general cargo is transferred
    to VLI. In this sense, the renegotiation results in the replacement of the current contractual instruments<SUP>[1]</SUP>.</P>
    <P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0; text-align: justify">A total of 14 agreements were signed to allow VLI to directly
    manage general cargo flows and ancillary services at EFVM. Vale will provide transportation services for general cargo in GDE gondola
    wagons and ancillary activities at EFVM.</P></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Vale Sans Black,sans-serif; font-size: 10pt">Duration of the object of the contract</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Vale Sans,sans-serif; font-size: 10pt">From 06/27/2025 to 06/30/2057</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Vale Sans Black,sans-serif; font-size: 10pt">Issuer&rsquo;s contractual position</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Vale Sans,sans-serif; font-size: 10pt">Vale is the concessionaire of the railroad covered by the executed agreements, and its role across the 14 agreements , as applicable, includes: visited concessionaire under the Specific Operational Agreement (&ldquo;COE&rdquo;,&nbsp;&nbsp;acronym in Portuguese); service provider for railroad transportation; contracting party for switching &nbsp;services; lead consortium member in fueling consortium; grantor in the loan-for-use agreements of buildings and land areas; licensee under the yard usage agreement. In the contracts involving assets, Vale acts both as buyer and seller, as well as grantor and grantee in loan-for-use arrangements.</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Vale Sans Black,sans-serif; font-size: 10pt">Amount involved in the transaction</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0; text-align: justify">The estimated value of the agreements is approximately R$ 25.3
    billion, of which around R$ 25.2 billion represent credits in favor of Vale, and approximately R$ 80 million correspond to obligations
    assumed by the Company. The renegotiation will not result in any material financial impact on the Company because the annual disbursements
    are already accounted for in the existing agreements.</P>
    <P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0; text-align: justify">Once the new operational model is implemented, the estimated
    value of this transaction will replace the current revenues derived from providing railroad transport services on the EFVM. Upon completion
    of the operational transition period, expected by the end of the second half of 2026, the EFVM scope will be removed from the existing
    agreement, and operations will proceed in accordance with the terms of the new agreements.</P></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Vale Sans Black,sans-serif; font-size: 10pt">Existing outstanding balance</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Vale Sans,sans-serif; font-size: 10pt">None related to this transaction.</FONT></TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
<HR ALIGN="LEFT" SIZE="1" STYLE="width: 33%">

<P STYLE="font: 8pt Vale Sans,sans-serif; margin: 0; text-align: justify">[1] As disclosed in the 2024 Reference Form, pages 373 and 374,
the Company executed a related-party transaction with VLI Multimodal S.A. on August 9, 2013, amounting to R$ 52,379,768,593.64, of which
R$ 42,718,673,865.52 refer to the EFVM operation. This agreement, which is included in the scope of the present renegotiation, will be
partially replaced by the COE, the GDE Freight Transportation Agreement, and the Rail Yard Use Agreement, all of which relate to EFVM
operations.</P>
<!-- Field: Page; Sequence: 2 -->
    <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: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 32%; border: Black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Vale Sans Black,sans-serif; font-size: 10pt">Main terms and conditions </FONT></TD>
    <TD STYLE="vertical-align: top; width: 68%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0 0 9pt">The transaction will be implemented through the execution of 14 agreements
    between the parties, including:</P>
<UL STYLE="margin-top: 0in; list-style-type: disc">

    <LI STYLE="text-align: justify; margin: 0 0 9pt; font: 10pt Vale Sans,sans-serif">Memorandum of Understanding to establish general terms
    and conditions ensuring the effectiveness of all agreements executed between the parties within the scope of the transaction.</LI>
    <LI STYLE="text-align: justify; margin: 0 0 9pt; font: 10pt Vale Sans,sans-serif">Specific Operational Agreement (COE) to define technical,
    economic, and safety aspects of the sharing of EFVM by Vale with VLI, including the annual acquisition of capacity represented by circulation
    slots in the railway network and minimum annual compensation based on transport volume (take or pay). The agreement may be terminated
    by either party upon payment of a penalty, under terms customary for similar instruments, and without any indemnity, penalty, reimbursement
    of costs, lost profits, consequential damages, direct or indirect damages, or any form of compensation arising from, but not limited to:
    (i) non-renewal of the Ferrovia Centro Atl&acirc;ntica (&ldquo;FCA&rdquo;) concession for any reason; (ii) force majeure lasting more
    than 180 consecutive days; or (iii) cancellation, annulment, or any adverse effect on the ATF-C authorization not caused by VLI&rsquo;s
    fault or willful misconduct.</LI>
    <LI STYLE="text-align: justify; margin: 0 0 9pt; font: 10pt Vale Sans,sans-serif">Rail Freight Transport and Related Services Agreement,
    under which Vale will provide services to VLI using GDE-type gondola wagons on EFVM. This includes the annual acquisition of capacity
    represented by the number of available wagons, as well as minimum annual compensation based on transport volume (take or pay). Either
    party may terminate the agreement upon payment of a penalty under terms customary for similar instruments and without any indemnity, penalty,
    reimbursement of costs, lost profits, consequential damages, direct or indirect damages, or any form of compensation arising from: (i)
    termination or expiration of the EFVM Concession Agreement; (ii) force majeure lasting more than 180 consecutive days; or (iii) revocation,
    annulment, or any other adverse effect on VLI&rsquo;s qualification to operate as a Multimodal Transport Operator (&quot;OTM&quot;, acronym
    in Portuguese), unless caused by VLI's fault or willful misconduct.</LI>
    <LI STYLE="text-align: justify; margin: 0 0 9pt; font: 10pt Vale Sans,sans-serif">Rail Yard Use Agreement, which grants Vale's authorization
    for non-exclusive access and use by VLI of specified yards for support activities. VLI will directly operate these yards, and compensation
    will be based on the actual volume handled at each yard, as well as a minimum annual compensation based on the transport volume (take-or-pay).
    Either party may terminate the agreement upon payment of a penalty under terms customary for similar instruments and without any indemnity,
    penalty, reimbursement of costs, lost profits, consequential damages, direct or indirect damages, or any form of compensation arising
    from: (i) termination or expiration of the COE for any reason and (ii) force majeure lasting more than 180 consecutive days.</LI>
    <LI STYLE="text-align: justify; margin: 0 0 9pt; font: 10pt Vale Sans,sans-serif">Asset Purchase and Sale Agreement &ndash; 1041 wagons
    and 43 locomotives to be sold by Vale to VLI, with payment in 33 annual installments adjusted by the IPCA (Brazilian inflation index).
    The quantity and, consequently, the transaction value may be subject to change following an inspection to assess the condition of the
    assets. Vale has the option to repurchase all or part of the assets at market value, as determined by a third-party appraisal company
    previously approved by Vale, if any of the following occurs: (i) the need to fulfill obligations under the EFVM Concession Agreement,
    particularly with regard to the continuity and adequacy of services for users who wish to contract directly with the concessionaire; (ii)
    termination of the COE with VLI at any time and for any reason; or (iii) a determination by the National Land Transport Agency (&ldquo;ANTT&rdquo;,
    acronym in Portuguese) or the Granting Authority at any time. If the COE is terminated due to non-renewal of the FCA concession for any
    reason, however, Vale is obligated to repurchase the assets necessary to ensure continued provision of general cargo services on EFVM
    unless otherwise agreed upon by the parties.</LI>
    <LI STYLE="text-align: justify; margin: 0 0 9pt; font: 10pt Vale Sans,sans-serif">Asset Purchase and Sale Agreement &ndash; 25 wagons
    to be sold by FCA, a railway concession held by VLI, to Vale, with a single payment due by December 2025.</LI>
    <LI STYLE="text-align: justify; margin: 0 0 9pt; font: 10pt Vale Sans,sans-serif">02 Fueling Consortium Agreements and 02 Related Internal
    Operational Rules Instruments, to enable locomotive refueling during the term of the COE. Parties will contribute to the consortium&rsquo;s
    common expenses based primarily on their expected flow at each refueling point. Consortium members will independently procure fuel, lubricating
    oil, and other necessary supplies for their operations, vehicles, and equipment.</LI>
    <LI STYLE="text-align: justify; margin: 0 0 9pt; font: 10pt Vale Sans,sans-serif">Loan-for-Use Agreements for the sharing of 323 wagons
    owned or leased by FCA with Vale, and 343 wagons owned by Vale with FCA, in addition to buildings and areas owned by Vale in nine locations
    to support operations.</LI>
    <LI STYLE="text-align: justify; margin: 0 0 9pt; font: 10pt Vale Sans,sans-serif">Switching Services Agreement to be provided by VLI to
    Vale, ensuring operational synergies in certain rail yards, with minimum compensation (take or pay). Either party may terminate the agreement
    with at least 90 days&rsquo; prior notice. VLI will provide transitional support and personnel training for as long as necessary.</LI>
</UL></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Vale Sans Black,sans-serif; margin: 0; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt Vale Sans Black,sans-serif; margin: 0; text-align: center">Detailed justification of the reasons why the issuer&rsquo;s
    management considers that the transaction has met commuting conditions or provides for adequate compensatory payment</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0; text-align: justify">The transaction was executed due to regulatory changes that
    now permit third parties to be authorized for direct railroad freight operations on concessioned railroads. VLI obtained accreditation
    as an ATF-C from the ANTT. To enable VLI to directly operate freight transport on the EFVM, previously conducted by Vale, this transaction
    was submitted to the Administrative Council for Economic Defense (&ldquo;CADE&rdquo;, acronym in Portuguese), which approved it without
    restrictions. The transaction was also submitted to ANTT and complies fully with applicable agency regulations, including tariff caps
    where applicable.</P>
    <P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0; text-align: justify">&nbsp;</P></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Vale Sans Black,sans-serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Vale Sans Black,sans-serif; margin: 0; text-align: center">Eventual participation of the counterparty, its partners,
    or administrators in the issuer's decision-making process regarding the transaction or negotiation of the transaction as representatives
    of the issuer, describing these interests</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Vale Sans,sans-serif; font-size: 10pt">As part of the decision-making process, the transaction was carried out in compliance with the company's policy on related party transactions and conflict of interest (&quot;Policy&quot;). The transaction and the execution of its two main agreements &mdash; the COE and the Rail Freight Transport and Related Services Agreement &mdash; as well as the delegation of approval authority for the remaining instruments, were all submitted to the Board of Directors for review. In accordance with the Policy, conflicted members of the Board of Directors did not receive any documentation related to the transaction and did not participate in discussions within Vale&rsquo;s governance bodies. Their abstention and absence during the discussion and resolution of this transaction were recorded in the meeting minutes.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 54.75pt">&nbsp;</P>






<P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"></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: July 7, 2025</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>vale202507086k_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 vale202507086k_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !( )P# 2(  A$! Q$!_\0
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<B@ HHHH **** "BBB@ HHHH **** "BBB@#_V0$!

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