Vale says another dam may collapse next week
According to a document published on Thursday, prosecutors said Vale is predicting the dam in the city of Barao de Cocais may collapse next week.
According to a document published on Thursday, prosecutors said Vale is predicting the dam in the city of Barao de Cocais may collapse next week.
Terrapure Environmental and Vale Canada's sustainable method for managing biosolids during winter months was recognized by the Environmental Leader, a Colorado-based publication.
Vale expects to produce 75 million tonnes this year from the S11D operation in Carajas Serra Sul, its biggest mining project ever.
At the same time, CFO Luciano Siani said that quickly restarting production was not the company's top priority after the Brumadinho disaster, for which the company was forced to take nearly $5 billion in writedowns in the first quarter.
The company had posted a net profit of $1.59 billion in the year-ago period.
World's top iron ore miner guides down production again for 2019 after earlier decision is reversed.
Eduardo Bartolomeo is the new CEO of Brazilian miner Vale.
Vale argues that if the German inspection firm TÜV SÜD had not fulfilled its contract it could be held responsible.
Minority shareholders of Vale SA have enough votes to request that board members be elected independently using a cumulative voting system.
The arbitration case stemmed from a dispute between Vale and BSG Resources Ltd over a joint venture to develop the Simandou mine.