Vale informs on Brucutu's mining
(Posted on 18/09/19)
Vale has informed that it suspended works in one mining front of Brucutu mine, in the municipality of São Gonçalo do Rio Abaixo, State of Minas Gerais. That action will not impact Brucutu mine's production.
The suspension follows a decision from Brazil's National Mining Agency, based on its understanding that one of the operating mining fronts exceeds the mineral reserve limit approved by the agency to the respective área. Vale understands that all the agency's requirements to operate the mining front were fullfilled and reported in the economic utilization plan submitted to the agency in 2017.
Vale will take the appropriate measures in this case and reaffirms its 2019 iron ore and pellets sales guidance of 307-332 million tons, as per previous announcement.
Vale also informed that the President of Supreme Federal Court (STF) decided to suspend the injunctions and to grant the return of Vale's nickel operations (mine and plant), Onça Puma, in Ourilândia do Norte (state of Pará).
With this decision, the operation, which had its mines paralyzed since September 2017, and its nickel processing plant since June this year, will resume its activities.
The STF also ordered the release of judicial deposits for the indigenous Xikrin do Cateté and Kayapo, which were blocked by a decision of Federal Regional Court (Tribunal Regional Federal da 1ª Região) in a legal proceeding imposed by Vale.
Latest News
American Feed Industry commends vital supply chain legislation
(Posted on 23/04/24)The American Feed Industry Association (AFIA) has commended Representatives Ashley Hinson, R-Iowa-02... Read more
NGFA says NASS reports are critical to agribusiness operations
(Posted on 23/04/24)In a letter to U.S. Agriculture Secretary Tom Vilsack, the National Grain and Feed Association (NGFA... Read more
Bauxite and aluminium businesses deliver stable Rio Tinto results
(Posted on 18/04/24)Bauxite production of 13.4 million tonnes was 11% higher than the first quarter of 2023 for Rio Tinto... Read more
Rio Tinto spends more than A$16.1 billion with Australian suppliers
(Posted on 15/04/24)Rio Tinto increased its spend with suppliers and local businesses in Australia to more than A$16.1 billion... Read more
Cargill increases its renewable energy capacity by more than 40%
(Posted on 15/04/24)Cargill has reported increasing its contracted renewable energy capacity by 42% after signing five new... Read more
Agreement to set up KEZAD steel recycling and production facility
(Posted on 29/03/24)The UAE’s largest operator of integrated and purpose-built economic zones, Khalifa Economic Zones... Read more
Senate legislation includes phosphate and potash as critical minerals
(Posted on 25/03/24)The Fertilizer Institute (TFI) has praised the U.S. Senate for introducing bipartisan legislation to... Read more
Agribusiness expert’s legacy and optimism for GrainCorp’s future
(Posted on 18/03/24)Farmer, Company Director and long-standing member of the GrainCorp Board of Directors, Dan Mangelsdorf... Read more
Research offers Rotterdam guidelines for raw material transition
(Posted on 15/03/24)Different product processes, non-fossil raw materials and rare materials are crucial for a CO2-neutral... Read more
Bunge Chevron Ag Renewables to build Louisiana processing plant
(Posted on 10/03/24)Bunge and Chevron have announced approval of a final investment decision for their joint venture Bunge... Read more
