https://newsletter.mw.creamermedia.com
Iron Ore|Mining|Water|Solutions|Environmental|Operations
Iron Ore|Mining|Water|Solutions|Environmental|Operations
iron-ore|mining|water|solutions|environmental|operations

Vale reopens key mine, plans to invest $12bn in Minas Gerais

CEO Gustavo Pimenta

CEO Gustavo Pimenta

5th September 2025

By: Reuters

  

Font size: - +

SAO PAULO - Brazilian miner Vale said on Thursday it will invest 67-billion reais ($12.36-billion) in its mining operations in Minas Gerais state by 2030, as it held a ceremony to mark the reopening of a key mine in the city of Ouro Preto.

Most of the investments will be focused on solutions to expand filtering and dry stacking of iron ore tailings, Vale said in a statement, as it seeks to reduce the use of dams in its local operations to 20% from 30%.

That has been a goal of the company after the fatal collapse of two tailing dams in Minas Gerais in 2015 and 2019, which jointly killed hundreds and caused severe environmental damage.

The miner on Thursday reopened its Capanema iron-ore mine, which had been inactive for 22 years, and will now operate without using water in processing, generating no tailings and removing the need for dams.

"Capanema exemplifies the new phase of mining in Minas Gerais and reinforces our commitment to a more responsible production process," Vale CEO Gustavo Pimenta said.

Vale - one of the world's largest iron ore producers - said it will invest in modernizing its five operational complexes, including improvements in geotechnical structure management at mines, connectivity, and fleet renewal in Minas Gerais state.

Capanema will add about 15-million metric tons per year to Vale's iron-ore output and help the company achieve its goal of producing between 340-million and 360-million tons next year, Vale added.

Edited by Reuters

Comments

Showroom

VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 
CSIR International Convention Centre (CSIR ICC)
CSIR International Convention Centre (CSIR ICC)

CSIR International Convention Centre (CSIR ICC) - the leading conference and events venue in Pretoria/Tshwane.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 05 September 2025
Magazine round up | 05 September 2025
5th September 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.059 0.342s - 146pq - 2rq
Subscribe Now