CSN mulls decommissioning Ouro Preto iron ore dams

Wednesday, 20 February 2019 21:53:37 (GMT+3)   |   Sao Paulo
       

Brazilian steelmaker Companhia Siderurgica Nacional (CSN), which owns subsidiary CSN Mineração, confirmed it is considering decommissioning its Auxiliar do Vigia iron ore dam in the city of Ouro Preto, Minas Gerais state, according to a Brazilian securities exchange (CVM) document filing.

The local securities regulator asked CSN to provide further details about two iron ore dams, the Vigia, and the Auxiliar do Vigia, out of its Ouro Preto complex, following a media report citing a prosecutors’ report about the structures.

In its response to CVM, CSN confirmed the findings of Minas Gerais prosecutors, which said the steelmaker has an office, a restaurant and a training room just below or along the way of the two dams, similar to the layout of the Brumadinho site.

Prosecutors also said the safety of the two dams “doesn’t bring peace,” as they contested the stability of the dams. CSN hired an independent auditor, which said the dams were safe.

CSN said all prosecutors recommendations are being addressed by CSN Mineração, “respecting current legislation,” which includes decommissioning the Auxiliar do Vigia dam.

CSN declined to provide a timeline for when it could decommission the Auxiliar do Vigia dam. It said next steps are subject to technical reviews due to the complexity of the matter.


Similar articles

Daily iron ore prices CFR China - April 19, 2024

19 Apr | Scrap & Raw Materials

Vale's iron ore exports up 97.5 percent in January

19 Apr | Steel News

Major steel and raw material futures prices in China - April 19, 2024

19 Apr | Longs and Billet

Iron ore prices continue to rise, heading towards $120/mt CFR

18 Apr | Scrap & Raw Materials

India’s coking coal import traffic at ports up 10% in FY 2023-24

18 Apr | Steel News

BHP Billiton’s iron ore output down in Q3 FY 2023-24, metallurgical coal output forecast lowered

18 Apr | Steel News

China’s iron ore output increases by 15.3 percent in Q1

18 Apr | Steel News

Major steel and raw material futures prices in China - April 18, 2024

18 Apr | Longs and Billet

Brazilian high-grade iron ore price increases sharply week-on-week

17 Apr | Scrap & Raw Materials

Iron ore production increases at Vale in Q1

17 Apr | Steel News