NEWS RELEASE: VALE AND THE UNITED STEELWORKERS REACH TENTATIVE DEAL IN SUDBURY & PORT COLBORNE

SUDBURY, April 27 2015 – Vale and United Steelworkers (USW) Local 6500 and Local 6200 are pleased to announce that an early tentative agreement has been reached on a new five-year contract for Production & Maintenance employees in Sudbury and Port Colborne. The new 5-year Collective Bargaining Agreement (CBA) will come into effect on June 1, 2015.

Details of the tentative agreement will remain confidential until the USW holds ratification meetings with its members on Wednesday April 29 and Thursday April 30.

“The negotiations process has been productive and respectful, and we are encouraged that we have been able to reach an early tentative agreement that is unanimously recommended by both bargaining committees for our members to consider,” said Rick Bertrand, President of USW Local 6500. “We endorse this deal and look forward to presenting the details to our membership as it paves the road for the next 5 years.”

“We believe we have reached a tentative agreement that appropriately meets the needs of both the company and our USW Local 6500 and 6200 employees,” said Mitch Medina, Manager, HR, Health, Safety & Environment and lead negotiator for Vale. “Both teams have worked very hard and in a spirit of cooperation to achieve the positive result we were all hoping for.”

– 30 –

For more information, contact:

Amanda Brosseau
Corporate Affairs Specialist
Vale Limited, Ontario Operations
(705) 682-5454
amanda.brosseau@vale.com

Rick Bertrand
President
USW Local 6500
(705) 675-3381 x. 232
rbertrand@uswsudbury.ca

Sean Sparkes
President, Local 6200
Negotiations Team Lead, USW
(905) 835-8542
sean.sparkes@vale.com