Vale mining news

Vale has entered into a Global Settlement to repair the environmental and social damage resulting from the Brumadinho dam rupture.

Vale has informed that Samarco has commenced the gradual resumption of its operations, with the integrated restart of operations at the Germano and Ubu Complexes in Brazil.

Samarco Mineração S.A. has met the licensing requirements to restart operations at its Germano complex in Minas Gerais and its Ubu complex in Espírito Santo, Brazil, and has commenced iron ore pellet production.

Vale informs that it has received the required licenses to start the construction of the Capanema Project, located in the municipalities of Santa Bárbara, Ouro Preto and Itabirito, Brazil.

Vale is one of the few companies offering scope 3 emission reduction initiatives with a portfolio of high-quality products and innovative solutions.

Vale has informed that it recently suspended the disposal of tailings and the execution of works at the B7 dam, located in the municipality of Jeceaba, Minas Gerais, Brazil.

Vale has informed that Vale Canada Ltd has been unable to reach an agreement with New Century Resources Ltd to acquire its 95% stake in Vale Nouvelle Caledonie S.A.S.

Vale has recently completed its first sale of iron ore using blockchain technology with Nanjing Iron & Steel Group International Trade Co. Ltd., a subsidiary of Nanjing Iron and Steel Co., Ltd.

Vale has informed that its Board of Directors approved, on 13 August 2020, the implementation of the Serra Sul 120 Project, located in the municipality of Canaã dos Carajás, Brazil.

Vale, in partnership with Progress Rail (a company of the American group Caterpillar), is developing a new 100% electric, battery-powered switchyard locomotive.