Vale and prosecutors reach deal to share dam audit results

Thursday, 18 July 2019 00:44:04 (GMT+3)   |   Sao Paulo
       

Brazilian public prosecutors in the state of Minas Gerais and local miner Vale have reached an agreement to share the results of independent audits at several Vale’s dams, officials said on Thursday.

Independent audit company Worley Canada Services will perform audits at several Vale dams, including Norte Laranjeiras, B3, Dicão, Dique de Contenção, Sul (Córrego do Canal), among others.

Vale will pay for the audits, prosecutors said. The audits aim to check the safety of the dams.  Prosecutors said Minas Gerais state institutions will also get information about the stability of the Vale dams.

Vale is expected to consider the auditor’s recommendations to mitigate or avoid risks.


Similar articles

Major steel and raw material futures prices in China - April 23, 2024

23 Apr | Longs and Billet

Indian local rebar prices post decline in some regional markets as previous rises were too fast

23 Apr | Longs and Billet

Turkish domestic rebar spot market makes quiet start to week

22 Apr | Longs and Billet

Local Chinese longs prices rise further, but at slower pace

22 Apr | Longs and Billet

Major steel and raw material futures prices in China - April 22, 2024   

22 Apr | Longs and Billet

Shagang Group raises local rebar prices by $7 for late April

22 Apr | Longs and Billet

Domestic rebar prices in Taiwan - week 16, 2024

19 Apr | Longs and Billet

Rises in ex-China rebar prices push up ex-ASEAN offers

19 Apr | Longs and Billet

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

19 Apr | Longs and Billet

Mexican rebar consumption up 2.4 percent in February

18 Apr | Steel News