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
Rio Tinto learns to live with Covid-19
(Posted on 18/10/20)Rio Tinto has released its third quarter production results.Chief Executive J-S Jacques said “... Read more
WCA supports IEA call for inclusivity
(Posted on 16/10/20)Michelle Manook, Chief Executive, World Coal Association (WCA) has issued a statement on the World Energy... Read more
New Argentine frac sand plant selects Superior
(Posted on 12/10/20)Superior Industries, Inc., a global manufacturer and supplier of bulk material processing and handling... Read more
Rusal smelter to switch to eco-friendly pitch
(Posted on 12/10/20)As part of its environmental modernization program, by 2024 RUSAL, a leading global aluminium producer... Read more
Latest grain movement record for CN
(Posted on 07/10/20)As the North American economy continues its recovery, CN is pleased to announce that its people moved... Read more
FLSmidth to acquire KnowledgeScape
(Posted on 07/10/20)FLSmidth has confirmed the signing of a definitive agreement for the acquisition of KnowledgeScape,... Read more
BHP Australian apprenticeship pledge
(Posted on 02/10/20)BHP CEO Mike Henry has announced BHP’s commitment to training and funding for 3,500 new Australian... Read more
U.S. agriculture urges Trump to remain in WTO
(Posted on 28/09/20)The National Grain and Feed Association (NGFA) in the USA and 61 other U.S. agriculture stakeholders... Read more
Rusal completes domiciliation process
(Posted on 27/09/20)RUSAL, a leading global aluminium producer, has announced that it has been registered as a new resident... Read more
WCA welcomes IEA report
(Posted on 21/09/20)The World Coal Association (WCA) Chief Executive, Michelle Manook has welcomed the IEA Energy Technology... Read more
