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Vale's Q2 iron ore production rises 12% on year, current capacity at 330 mil mt/year hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Vale starts operations at Vargem Grande filtering plant Vale filtration plant at Vargem Grande, Minas Gerais (Credit: Vale) Vale (NYSE: VALE) has gradually started operations at a waste filtering plant in the Vargem Grande complex, the first of four the company plans to install at sites in Minas Gerais, Brazil, at a cost of $2.3 billion between 2020 and 2024. In the filtration process, the existing water in the iron ore tailings is minimized, allowing most of the material to be stacked in a solid-state, thus reducing dependence on dams. Sign Up for the Iron Ore Digest Sign Up Vale says the start-up of tailings’ filtration operations in Vargem Grande is another step in stabilising iron-ore production on the way to resuming 400 million tonnes per year production capacity by the end of 2022. ....