Vale S.A.: Rating Report

On June 28, 2021, DBRS Limited (DBRS Morningstar) confirmed the Issuer Rating and Senior Unsecured Debt rating of Vale S.A. at BBB (low). DBRS Morningstar also confirmed the Senior Unsecured Debt rating of Vale Overseas Limited and the All Series Debentures & Notes rating of Vale Canada Limited at BBB (low). All trends are Stable.