Business
Vale to move forward with Serra Sul iron ore expansion – MINING.COM – MINING.com
The world’s top iron ore producer has received board approval for a long-sought expansion of the already giant S11D mine.
Brazils Vale (NYSE:VALE) has received board approval for a long-sought expansion of the already massive S11D iron ore mine, in the northern state of Pará.
The $1.5 billion Serra Sul 120 project aims to increase the S11D mine-plant capacity by 20 million tonnes to 120 million tonnes of iron ore a year. Once completed, it will increase output at Vales North System to 260 million tonnes a year.
The Serra Sul 120 project will increase S11D mine-plant capacity by 20Mtpa
The Rio de Janeiro-based mi…
-
General23 hours agoDonald Trump’s initial 10 per cent tariff takes effect
-
General22 hours agoJaguar Land Rover in UK pauses shipments to US
-
General20 hours agoTexas opens probe into Kellogg’s health claims, dyes
-
General18 hours agoAustralian share market set to dive as threat of US recession grows