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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…
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