Vale wins injunction allowing it to reopen Itabira mine complex

Friday, 29 May 2020 23:35:31 (GMT+3)   |   Sao Paulo
       

Brazilian miner and iron ore producer Vale said on Friday it won an injunction allowing it to reopen its Itabira mine complex.

Vale said a Minas Gerais state labor authority had issued a term to halt operations at the site. However, Vale was able to file an injunction demanding the order be removed. Vale’s request was then accepted by an Itabira court, which means the miner can resume activities at the Itabira complex.

The Itabira complex is made out of two major mines, Cauê and Conceição, as well as other smaller mines, including Periquito, Dois Córregos, Onça, Camarinha and Chacrinha.

The Itabira complex produced 35.9 million mt of iron ore in 2019, and 41.7 million mt in 2018, according to a Vale’s Securities Exchange Commission (SEC) document filing.


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