Prosecutors, mining regulator inspect Vale’s unregistered dams

Friday, 12 June 2020 21:51:39 (GMT+3)   |   Sao Paulo
       

Prosecutors in the state of Minas Gerais along with the country’s mining regulator, the National Mining Agency (ANM), jointly inspected eight unregistered Vale dams.

The regulator said the eight dams are inactive and weren’t registered within the regulator’s registry. They also have never been inspected by a regulator, ANM said.

Both prosecutors and ANM said the eight dams are located in the cities of Nova Loma, Ouro Preto and Catas Altas, all in the state of Minas Gerais.

Separately, Vale said it settled a $25 million class action lawsuit filed by investors over the Samarco dam burst in November 2015, which killed 19 people and halted operations at pellets producer Samarco, a joint venture owned by Vale and BHP Billiton.

Vale said the case was dismissed after the settlement at the US District Court for the Southern District of New York.


Similar articles

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

Daily iron ore prices CFR China - April 17, 2024

17 Apr | Scrap & Raw Materials

Ukraine’s ArcelorMittal Kryvyi Rih posts higher output for Q1, plans 50% utilization

17 Apr | Steel News

Sweden’s LKAB cuts iron ore output, considers closing pellet plant

17 Apr | Steel News