Vale halts Esperança tailings operations

(Image courtesy of Vale)

Brazil miner Vale SA has halted the tailings operations at the Esperança mine, which it acquired from Ferrous Group last year, according to a statement on Thursday.

Vale cited the need to do a technical evaluation and potentially carry out work to improve safety at the site. The company said Esperança can process about 1.2 million tonnes of iron ore per year.

(By Ana Mano; Editing by Chizu Nomiyama)

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