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Exhibit 15.3
1 March 2013
The Board of Directors
Vale S.A.
2nd Floor, 13 Fredman Drive
Fredman Towers
SANDTON 2196
Dear Board of Directors
Re: Consent letter
I, Mark Bowater, hereby consent to:
(a) Echelon Mining Services (“Echelon”) and Xstract Mining Consultants Pty Ltd (“Xstract”) being named in the Annual Report on Form 20-F of Vale S.A. (“Vale”) for the year ended 31 December, 2012 (the “2012 20-F”) as having prepared certain coal reserve estimates, and
(b) the incorporation by reference of the 2012 20-F into the Registration Statements on Form F-3 of Vale and Vale Overseas Limited (File Nos. 333-184553 and 333-184553-01).
Yours sincerely |
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/s/ Mark Bowater |
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Mark Bowater |
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Technical Director — Mining |
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Xstract Mining Consultants Pty Ltd |
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Telephone: | +61 7 3221 2366 |
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Fax: | +61 7 3221 2235 |
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Email: | mbowater@xstractgroup.com |
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Xstract — Excellence from the outset
XstractGroup.com
Level 20, 333 Ann Street, BRISBANE QLD 4000 | PO Box 10312, BRISBANE ADELAIDE STREET QLD 4000
T +61 7 3221 2366 | F +61 7 3221 2235 | Xstract Mining Consultants Pty Ltd | ABN 62 129 791 279