Vale launches artificial intelligence center in Brazil

Thursday, 17 January 2019 23:19:50 (GMT+3)   |   Sao Paulo

Vale inaugurated on January 10 an artificial intelligence (AI) center in the city of Vitoria, Espirito Santo state, the company said in a statement this week.

The AI center is located at the Tubarao complex, which includes four port terminals and eight pelletizing plants. Vale said the AI center will develop and monitor technologies for the company’s business areas.

Vale said it saved over BRL 74 million per year with artificial intelligence-related projects, and it expects to save a further BRL 136 million with other projects already in place. Vale has been using artificial intelligence to manage assets, such railroads and trucks, and improve processes in the beneficiation of iron ore and pellets.

Most Recent Related Articles

Employment in Turkish construction sector down 0.8% in Q4 from Q3

Vietnam’s steel production falls by 22.3 percent in January

Indian buyers increase import scrap purchases at higher prices

Silicon steel sheet prices in local Chinese market - week 9

Ferromanganese prices in local Chinese market - week 9