Vale and River Port Group signed a memorandum of strategic cooperation at the Langgang Conference.

[Vale and River Port Group sign Memorandum of Strategic Cooperation at Langfang International Economic and Trade Fair 2023, Vale signed a memorandum of strategic cooperation with Hebei Port Group ("River Port Group") with a view to deepening business cooperation in various ports of River Port Group, especially in Tangshan Caofeidian Port area and Tangshan Jingtang Port area. The above two port areas are important ports for Vale iron ore product loading and unloading and storage. According to this memorandum, Vale and River Port Group intend to strengthen cooperation in the business areas of iron ore mixing, ore mixing, mineral processing raw materials and product warehousing in Tangshan Caofeidian Port area and Tangshan Jingtang Port area. Vale and River Port Group also intend to jointly explore new business cooperation opportunities and cooperate to study the scene application of a variety of low-carbon technologies in the port.