New Vale Mine Closure Stirs Iron Ore Price – ShareCafe

New Vale Mine Closure Stirs Iron Ore Price – ShareCafe

Iron ore prices look set to continue this week’s rally after Vale, the big Brazilian miner was forced to close an 11 million tonnes a year mine. Global iron ore prices have rallied 8% so far this week after the sell-off on coronavirus fears in China last week saw then fall 9%. [email protected]

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Vale under scrutiny after second mine disaster in Brazil ...

Vale under scrutiny after second mine disaster in Brazil ...

under scrutiny after second producer faces risk of large fines and lawsuits as death toll mounts in Minas Gerais Rescue crew work in the tailings dam that ...

Vale backs massive iron ore expansion - Australian Mining

Vale backs massive iron ore expansion - Australian Mining

 · Vale has approved the $US1.5 billion $2.1 billion Serra Sul 120 project in Brazil. This will increase the S11D mine plant capacity by 20 million tonnes a year to …

Iron ore surges again as Vales COVID woes pile up

Iron ore surges again as Vales COVID woes pile up

 · Iron ore futures soared 5.6 per cent on Monday to $US102.95 per tonne, the highest point since August 2019, after a Brazilian court at the weekend ordered Vale to shut three mines at its Itabira complex in the south-east of the country, after nearly 200 workers tested positive for the virus.

Fatal Landslide in Brazil Pushes Iron Ore Toward Record - WSJ

Fatal Landslide in Brazil Pushes Iron Ore Toward Record - WSJ

 · - prices are surging toward a high as a landslide at a - intensifies concerns about supply and Chinese demand runs hot. ... The landslide last week at SA’s ...

Vale keeps Itabira iron ore mines open after winning court ...

Vale keeps Itabira iron ore mines open after winning court ...

NYSE: says its Itabira in were ordered shut by labor authorities, but that it was able to immediately reverse the order after obtaining a favorable court ...

Vale to resume expansion ... - Mining-Technology.com

Vale to resume expansion ... - Mining-Technology.com

 · miner has received the installation license for the resumption and the expansion of its Serra Leste operations in the state of Pará, in the northern region of . The licence, issued by the Environment and Sustainability Department of the State of Pará, enables to restart operations at the Serra Leste .

Vale moves ahead with 20 million mt/year Carajas, Brazil ...

Vale moves ahead with 20 million mt/year Carajas, Brazil ...

London — Miner s board has approved the companys project to move forward with its Serra Sul 120 expansion, which will boost capacity at its S11D and processing plant in Carajas, northern , by 20 million mt/year of to 120 million mt/year in $1.5 billion project with start-up expected in H1 2024, the company said late ...

BHP and Vale to restart production at Samarco | This is Money

BHP and Vale to restart production at Samarco | This is Money

 · BHP and have resumed production at a five years after an accident that killed 19 people. BHP, the worlds biggest miner, said their joint venture Samarco had met ...

Vale Loses License at Dam That Caused Iron Ore Force ...

Vale Loses License at Dam That Caused Iron Ore Force ...

 · SA’s license to operate a dam key to production at one of its largest was revoked by a state regulator on Feb. 5, adding another hurdle to efforts by the king to ...

Iron ore shiploader fire won’t impact PDM monthly shipment ...

Iron ore shiploader fire won’t impact PDM monthly shipment ...

 · result of a fire that broke out early on Jan. 14 at a shiploader at ’s main export terminal in northeast , the miner said Jan. 15. The Ponta da Madeira Maritime Terminal in São Luís, Maranhão in northeast , continues to operate, the company said. The terminal exports from ’s high-grade Carajas and ...

Brazil Coronavirus News: Vale Ordered to Shut Mines ...

Brazil Coronavirus News: Vale Ordered to Shut Mines ...

 · Iron ore futures surged above $100 a ton after Brazil’s Vale SA was ordered to suspend operations that account for about a 10th of its output after …

Is Vale a Buy? | The Motley Fool

Is Vale a Buy? | The Motley Fool

 · operates several in its home country of , which boasts the highest concentration on the planet. Because of that high concentration -- …

Iron ore shortage after Vale disaster hurting Brazil ...

Iron ore shortage after Vale disaster hurting Brazil ...

 · A decision by company SA to halt production at ten sites in Minas Gerais state following a deadly dam disaster has affected deliveries of pellets to clients ...

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