Eduardo De Salles Bartolomeo | Chief Executive Officer |
Marcello Spinelli | Executive Officer, Ferrous Minerals |
Luciano Siani Pires | Chief Financial Officer |
Mark Travers | Executive Officer, Base Metals |
Alexandre Pereira | Executive Officer, Global Business support |
Paulo Couto | Director of Coal |
Alexandre D'Ambrosio | General Counsel |
Timna Tanners | Bank of America |
Carlos De Alba | Morgan Stanley |
Jonathan Brant | HSBC |
Andreas Bokkenheuser | UBS. |
Chris Terry | Deutsche Bank |
Alex Hacking | Citi |
Christian Georges | Société Générale |
Amos Fletcher | Barclays |
Good morning ladies and gentlemen, welcome to Vale's conference call to discuss 4Q '20 results. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and- answer session and instructions will be given at that time. [Operator Instructions] As a reminder, this conference is being recorded and the recording will be available on the company's website at vale.com at the Investors link. This conference call is accompanied by a slide presentation, also available at the Investors link at the company's website and is transmitted via Internet as well.