Vale said its board of directors has approved the reorganization of its base metals operations in Brazil. The miner will transfer its copper assets in the country to Salobo Metais S.A., a subsidiary of Vale, and its nickel assets to a new company to be formed by Vale. Both copper and nickel assets will continue to be consolidated and wholly…
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Global miner Vale has entered into a contract to enable the supply of natural gas to its São Luís Plant in Maranhão, Brazil, starting in 2024, as the company attempts to reduce its carbon emissions by 33% by 2030. The plant will use natural gas supplied by Eneva and distributed by local firm Companhia Maranhense de Gás (Gasmar) in its…
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Brazilian producer Vale has reportedly signed a new long-term agreement with Tesla that will send nickel from its mines in Canada to the vehicle maker for EV production. View full article.
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Vale said it has safely resumed operations at its Totten Mine in Sudbury, Ontario, Canada, and is ramping up production, following the safe extraction of a scoop bucket and shaft repairs. View full article from North American Mining.
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After halting some of its mines in Brazil on a deluge of rainfall in the country that lead to potential hazards and logistics issues, Vale has confirmed the partial and gradual restart of work in Minas Gerais. The miner said 17 January that it has re-established safety conditions, and thus resumed the Southeastern System, the trains transit on the Estrada…
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A deluge of heavy rainfall in southeastern Brazil is having an impact on the iron ore industry in the region, with Vale being one of the miners to idle operational processes – and keep a keen eye on its dams. The producer said 10 January that it has partially halted trains on the Estrada de Ferro Vitória a Minas railway…
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Brazilian-based miner Vale has confirmed in a regulatory securities filing notice that it is selling its Moatize coal operation and Nacala logistic corridor in Mozambique to Jindal Group subsidiary Vulcan Minerals in a $270 million deal.
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After informing its shareholders on Oct. 4 that it was suspending operations at the Onça Puma nickel mine in Para state, Brazil, after government notification of its noncompliance with its lining license, owner Vale has returned the mine to production.
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Vale has confirmed that a fire on Oct. 5 at its Salobo copper mine in the Pará state, Brazil, has temporarily idled production.
Read MoreVale has confirmed the suspension of operations at its Onça Puma nickel mine in the Para state, Brazil, after being notified by government officials it was out of compliance with its mining license. The miner said Oct. 4 that the Environmental and Sustainability office of the Para State (SEMAS), which according to local reports issued the notification on Oct. 1,…
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