Brazilian authorities find erosion at Vale unit after water overflow
The suspension at Viga will last until the firm presents reports that show it can re-establish environmental control of the project.
The suspension at Viga will last until the firm presents reports that show it can re-establish environmental control of the project.
Vale's iron ore production for 2025 reached 336.1 million tons, up 2.6% from the previous year.
Vale reaffirmed its 2026 iron ore production guidance, but analysts said the suspension was negative.
The incidents, near the towns of Ouro Preto and Congonhas, left no injuries, the companies and Minas Gerais' government said.
Company said it is investigating an overflow of water with sediment in a pit at the Fabrica mine.
The only miners to exceed that in 2024 were Freeport-McMoRan, BHP, Codelco and Zijin.
Vale and partners are currently constructing three high-pressure acid leaching plants to extract nickel materials.
Sandvik will supply 16 surface drills with AutoMine readiness for Vale Base Metals’ copper operations in Brazil.
The company did not disclose the volume of nickel ore it has been allowed to produce this year.
The commercial partnership with Vale is part of Petrobras' strategy to get closer to end consumers.
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