Vale has completed construction and commissioning of the Voisey’s Bay mine expansion project, transitioning the Canadian nickel mine from open pit to underground mining. Full story.
Read MoreVoisey’s Bay is now mining underground
Tag: Vale
Vale restarts operations at Capanema
Photo: Léo Lopes Vale has begun commissioning its Capanema project, located 80 kilometers from Belo Horizonte in Minas Gerais, Brazil. Part of its Marianna complex, the project is set to strengthen the miner’s iron ore production by 15 million tons annually. “We are resuming operations at the Capanema mine with safer, more efficient and sustainable practices. Capanema will produce sinter…
Read MoreVale closes Brazil transaction with Anglo American
Vale announced it has fulfilled all conditions precedent in its partnership with Anglo American, where the company has acquired a 15% equity interest in Minas-Rai mine complex owner Anglo American Minério de Ferro Brasil. Considering the closing of the transaction, Anglo American will now own the Serra da Serpentina assets previously owned by Vale in Brazil. Under the terms of…
Read MoreBYD, Vale join forces to study light fleet electrification
Vale and BYD have signed a letter of intent to explore the electrification of Vale’s light vehicle fleet. The study will evaluate the necessary infrastructure for recharging vehicles in Vale’s areas and test electric models like the BYD Dolphin and Shark pickup in operational areas. The initiative aims to reduce the use of fossil fuel-powered cars and contribute to the…
Read MoreMiners, Brazil reach compensation deal for 2015 disaster
Brazil has signed a 170 billion reais (US$29.85 billion) compensation agreement with BHP, Vale and Samarco for the Mariana tailings dam collapse in 2015 that killed 19 and polluted the Doce River, reported Reuters. The collapse at the iron ore mine owned by Samarco, a joint venture between Vale and BHP, near the city of Mariana in southeastern Brazil, is…
Read MoreBHP, Vale make deal over Fundão Dam failure
BHP has confirmed a settlement agreement with Vale regarding group action proceedings in the UK in respect of the Fundão Dam failure in Brazil. The miner said it and its UK arm were defendants to a group action claim in the English High Court, which was brought by over 600,000 claimants seeking damages in relation to the 2015 Fundão Dam…
Read MoreVale signs rail deal with Wabtec
Vale has signed a master services agreement (MSA) with Wabtec to boost the efficiency and operations of its Evolution Series (EVO) locomotive fleet at Estrada de Ferro Carajás (EFC) in northern Brazil. The 10-year deal, valued at R$1.8 billion/US$335.7 million, will optimize the maintenance services for Vale’s fleet increasing availability, reliability, and the potential for expanded freight transport on the…
Read MoreVale closer to resuming Onca Puma operations
Vale and the Brazilian state of Para have moved closer to an agreement that could allow the miner to resume operations at its Onca Puma nickel mine, reported Reuters. Onca Puma, which has an estimated annual nominal capacity of 27,000 metric tons, had its operating license suspended earlier this year after Para’s environment department flagged irregularities in an annual environmental…
Read MoreVale, Caterpillar collaborate on battery electric trucks, ethanol studies
Vale and Caterpillar have signed an agreement to test large battery electric trucks and energy transfer systems, as well as conduct studies on ethanol-powered trucks – initiatives aimed at the decarbonization of Vale’s mine operations. The studies, which will be conducted at Vale’s mines in Brazil, will help the miner achieve its goals to reduce scope 1 and 2 (direct…
Read MoreVale hits renewable energy target in Brazil early
Vale said that all the electricity used in its operations in Brazil in 2023 came from renewable sources, achieving its goal of 100% renewable electricity consumption two years ahead of schedule. Having reached the target, Vale has zeroed its indirect CO2 emissions in Brazil, which correspond to Scope 2. The company still has the challenge of achieving 100% renewable energy…
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