Modular Celebrates 200th Customer: Vale – Moatize Mine

Tucson, Arizona – October 13, 2010

Modular Mining Systems, Inc. is proud to announce that Vale S.A. (Vale), the world’s leading iron ore producer, has chosen to implement IntelliMine® technology at its Moatize mine site, a new coalmine in Tete Province, Mozambique. The selection marks the 200th Modular customer over 30 years as a mining technology pioneer.

The bundled solution includes the DISPATCH® mine management system, MineCare® maintenance management system, ProVision® machine guidance solutions, PowerView™ reporting software, and MasterLink® wireless network. “We  decided to purchase the IntelliMine system for its reliability and its power to meet our mine’s requirements,” said Reinaldo Goncalves, Vale Mine Planning and Geology Manager, “and we’ve been working with the system at other Vale operations with good results.”

For Modular, the partnership marks an important milestone. When Moatize is commissioned later this year, it will become the 12th Vale operation using IntelliMine solutions and the 3rd new mine to adopt Modular technology this year. “Vale has been a long-term customer of Modular, with the first system commissioned at Carajas in 1994,” said Peter Carter, Modular CEO. “It’s an honor to further our relationship with Vale—they are truly a world-class mining company.” For Vale, the new system will provide haulage optimization, proactive maintenance tools, and increased safety, while boosting production and lowering operating costs.

About Moatize Mine and Vale

Moatize is Vale’s first greenfield project in Africa and involves an open pit mining operation. Its coal deposit has proven and probable reserves of 1.087 billion metric tons of coal. The first phase of the project, Moatize I, has a nominal production capacity estimated at 11 million metric tons of coal, comprising 8.5 million metric tons of metallurgical coal and 2.5 million metric tons of thermal coal, with start-up expected for the first half of 2011.

Vale is the second largest metals and mining company in the world, the world’s largest producer of iron ore, and the world’s second largest producer of nickel. Vale also produces manganese, ferroalloys, thermal and coking coal, bauxite,  alumina, aluminum, copper, cobalt, platinum group metals, and fertilizer nutrients. For more information, visit www.vale.com/newsroom.

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