Vale mining news

Anglo Pacific Group PLC has announced that it has agreed to acquire a holding company that, in turn, holds a 70% net interest in a stream on cobalt production from the Voisey's Bay mine in Canada.

Vale has informed that the emergency level of the Itabiruçu dam, located at the Itabira Complex, has been removed after a thorough analysis of its geotechnical characteristics.

Although the pandemic-related impacts and measures reduced productivity in all businesses and postponed the start-up of the new iron ore assets in 2020, Vale remains confident to achieve 400 million tpy capacity by the end of 2022.

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.