Vale S.A. announced that it was granted the operation license for the N5 Sul pit, which is part of the N5 mine in the Serra Norte mining site at Caraj s, Par, Brazil. This operation will support the quality enhancement in the iron ore production in Caraj s over the following years. The operation license allows the opening of a new ore body in the N5 mine - which has the highest ferrous content within the company's portfolio - strengthening Vale's position as the leading global producer of high quality iron ore.