{
  "docId": "019de513-4e60-7622-86bf-87b503bc4361",
  "docSlug": "ab0f8449d2e0aee043cae611c0f6aa3f",
  "documentTitle": "Vale | Investor Conference Presentation Deck | 22 slides",
  "authorId": "vale",
  "authorName": "Vale",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2022-05-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 11,
  "pageCount": 22,
  "prevPage": 10,
  "nextPage": 12,
  "slideType": "before_after",
  "function": "analyze_data",
  "density": "balanced",
  "nDataPoints": 22,
  "notes": "The chart uses a combination of bar charts for actuals and horizontal markers for forecasts.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de513-4e60-7622-86bf-87b503bc4361/11",
  "deckHref": "/decks/019de513-4e60-7622-86bf-87b503bc4361",
  "deckJsonHref": "/decks/019de513-4e60-7622-86bf-87b503bc4361.json",
  "deckAnchorHref": "/decks/019de513-4e60-7622-86bf-87b503bc4361#slide-11",
  "components": [
    {
      "bbox": {
        "h": 0.55,
        "w": 0.78,
        "x": 0.108,
        "y": 0.288
      },
      "kind": "chart",
      "text": "Iron ore CFR China price (US$/dmt)",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "01d69f66-fccb-414b-98f2-ce7c016b1c49",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.025,
        "w": 0.52,
        "x": 0.058,
        "y": 0.888
      },
      "kind": "disclaimer",
      "text": "1 Median based on estimates from December Y-1 of each year. 2 Up to April 13th, 2022. Median estimate is a yearly forecast.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a638fc8f-38fa-48db-9ac6-75876eb7b858",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.4,
        "x": 0.11,
        "y": 0.33
      },
      "kind": "legend",
      "text": "Average price performed (US$/dmt); Analysts' median forecast - December previous year (US$/dmt)",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "98c2c46e-ea57-4780-9e66-6ce60eb2f261",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.035,
        "w": 0.55,
        "x": 0.058,
        "y": 0.133
      },
      "kind": "title",
      "text": "Since 2016, forecasts have underestimated iron ore prices",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "29703d10-7902-425a-8588-85a0de93b379",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Before/after framing",
      "slug": "before-after-framing",
      "agent": null,
      "layer": "slide",
      "matchId": "374772d3-f4c4-499e-b534-51ade18944ee",
      "evidence": "The slide has a clear before-after framing showing the difference between forecasts and actual iron ore prices.",
      "confidence": 0.7
    }
  ],
  "frameworks": [
    {
      "name": "before-after-framing",
      "slug": null,
      "matchId": "e4e0545b-bf97-485b-b30c-4dbba2e92fa8",
      "evidence": "The slide contrasts historical forecast accuracy (before 2016) with the consistent underestimation trend (since 2016).",
      "confidence": 0.8
    }
  ],
  "arcBeats": [
    {
      "to": 11,
      "from": 11,
      "beatId": "3baf5954-a75e-424a-a8b6-880d1197a9a9",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Before-After",
      "beatSlug": null,
      "evidence": "A slide comparing forecasts and actual iron ore prices since 2016.",
      "position": 4,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [
    {
      "to": 21,
      "from": 10,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "e31e0c64-96fa-4a03-ac0e-b76f101d275c",
      "evidence": "The presentation builds a case for Vale's potential value creation, implying that not acting or investing in Vale would result in missed opportunities.",
      "position": 0,
      "objective": "To highlight the cost of inaction and the potential value creation through Vale's growth and strategy.",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.7,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}