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Citi Appointed Successor Depositary Bank for Vale S.A.’s ADR Programs

NEW YORK–(BUSINESS WIRE)–Citi’s Issuer Services business, acting through Citibank, N.A., has been appointed by Vale S.A., one of the largest metals and mining companies in the world, as the successor depositary bank for its sponsored American Depositary Receipt (ADR) programs. Vale’s ADRs are traded on the New York Stock Exchange under the symbol “VALE” for its ADRs representing common shares and “VALE.P” for its ADRs representing preferred shares. Each ADR represents one common or one prefer