Brazilian mining giant Vale has announced that it has received a notice from the Mangaratiba city government, in Rio de Janeiro, ordering the temporary suspension of its port activities at the Guaíba Island Terminal.
According to Vale, it has all the required licenses for the regular operation of the terminal, issued by the competent authorities and, accordingly, it will take all appropriate measures to ensure the reestablishment of its activities at the iron ore terminal.
According to Brazil's National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase), Vale's iron ore shipments from Guaiba terminal stood at 54.89 million mt in the January-November period last year.