Vale quashes export ban at Rio de Janeiro state iron ore port
Miner Vale said late April 22 that it received authorization from a state body to continue full operation of a major export port serving its southeastern Brazil iron ore mines, following a legal tussle.
“Vale informs that it received, on this Thursday afternoon, April 22nd, from the State Environmental Institute (“INEA”), the competent body of the State of Rio de Janeiro for licensing this type of enterprise, authorization for the maintenance of all its port activities at Terminal Ilha Guaiba (“TIG”),” the miner said in a statement.
The municipal government of Mangaratiba in Brazil’s Rio de Janeiro state had earlier in the day prohibited shipping by Vale from its Guaiba Island Terminal (TIG) iron ore export terminal, the municipality and the mining company both said April 22.