===============================================================================+
FORM 6-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 or 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For JULY 2, 2002
Companhia Vale do Rio Doce
(Exact name of Registrant as specified in its charter)
Valley of the Doce River Company
(Translation of Registrant's name into English)
Federative Republic of Brazil
(Jurisdiction of incorporation or organization)
Avenida Graca Aranha, No. 26
20005-900 Rio de Janeiro, RJ, Brazil
(Address of principal executive offices)
[Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F:]
FORM 20-F X FORM 40-F
--- ---
[Indicate by check mark whether the registrant by furnishing the information
contained in this form is also thereby furnishing the information to the
+Commission pursuant to rule 12g3-2(b) under the Securities Exchange Act of
1934.]
YES NO X
--- ---
[If "Yes " is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b):] Not applicable
--------------
===============================================================================
Companhia Vale do Rio Doce
TABLE OF CONTENTS
This Form 6-K contains the following:
Sequential
Page
Item Number
---- ------
1. Press Release entitled "Aluvale Acquires Mineracao Vera Cruz"
dated July 1, 200.....................................................4
Companhia
[GRAPHIC OMITTED][LOGO] Vale do Rio Doce Press Release
ALUVALE Acquires Mineracao Vera Cruz
Rio de Janeiro, July 1, 2002 - Companhia Vale do Rio Doce (CVRD) informs that
its subsidiary, Vale do Rio Doce Aluminio S.A. - ALUVALE (Aluvale), acquired
64% of the total capital of its afilliated company, Mineracao Vera Cruz S.A.
(MVC), which was previously held by the Paranapanema Group, for R$
6,403,936.00. With this acquisition, Aluvale will hold 100% of MVC.
MVC holds 18 active mining rights in the Paragominas region, in the state of
Para, with total metallurgical bauxite resources estimated at 878 million tons.
These reserves are located near to CVRD's mineral resources and, when combined,
will constitute one of the world's largest bauxite reserves.
The strategic location of these resources, located approximately 250 km from
ALUNORTE - Alumina do Norte do Brasil S.A. (Alunorte), will increase
flexibility in the ultilization of CVRD's existing logistics
infrastructure. Furthermore, the Paragominas bauxite has a world class quality.
These characteristics make this acquisition very important, as the development
of these reserves will support Alunorte's forthcoming expansions.
This transaction is part of the implementation of CVRD's strategy for its
aluminum business, which is focused on the exploration of profitable growth
opportunities on bauxite and alumina.
--------------------------------------------------------------------------------
For further information, please contact:
Roberto Castello Branco: castello.branco@cvrd.com.br +55-21-3814-4540
Andreia Reis: andreia.reis@cvrd.com.br +55-21-3814-4643
Barbara Geluda: barbara.geluda@cvrd.com.br +55-21-3814-4557
Daniela Tinoco: daniela.tinoco@cvrd.com.br +55-21-3814-4946
Rafael Azevedo: rafael.azevedo@cvrd.com.br +55-21-3814-4700
This press release may contain statements that express management's
expectations about future events or results rather than historical facts. These
forward-looking statements involve risks and uncertainties that could cause
actual results to differ materially from those projected in forward-looking
statements, and CVRD cannot give assurance that such statements will prove
correct. These risks and uncertainties include factors: relating to the
Brazilian economy and securities markets, which exhibit volatility and can be
adversely affected by developments in other countries; relating to the iron ore
business and its dependence on the global steel industry, which is cyclical in
nature; and relating to the highly competitive industries in which CVRD
operates. For additional information on factors that could cause CVRD's actual
results to differ from expectations reflected in forward-looking statements,
please see CVRD's reports filed with the Brazilian Comissao de Valores
Mobiliarios and the U.S. Securities and Exchange Commission.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
COMPANHIA VALE DO RIO DOCE
By: /s/ Roberto Castello Branco
-------------------------------
Name: Roberto Castello Branco
Title: Head of Investor Relations
Dated: July 2, 2002