Capanema maximisation project, Brazil – update
Photo by ©Reuters
Name of the Project
Capanema maximisation project.
Location
Minas Gerais state, Brazil.
Project Owner/s
Vale SA.
Project Description
The project aims to add about 15-million tonnes a year of iron-ore at the Mariana complex.
The project entails the reactivation of the Capanema mine, the implementation of a long-distance conveyor belt and adjustments to the storage and loading yard at the Timbopeba rail terminal.
Capanema will use autonomous off-road trucks in its operations, ensuring greater safety and efficiency. The asset will produce sinter feed using the natural moisture process, without the generation of tailings.
The project is an important milestone towards achieving Vale’s iron-ore production guidance of 340-million to 360-million tonnes in 2026.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
Total investments are estimated at $913-million.
Planned Start/End Date
Not disclosed.
Latest Developments
Vale has started commissioning the project.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Vale SA, email Vale.RI@vale.com.
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