Vale mulls new railway, port for Carajas expansion

Railroad transporting iron ore from Vale’s Carajás complex. Image courtesy of Vale.

Brazilian miner Vale SA is considering building a new railway and port in the Para state for the potential expansion of its Carajas Serra Sul mine, the company said in a presentation to investors published on Tuesday.

The new railway would stretch for 400 kilometers (248.5 miles) from the current Carajas railroad to Vila do Conde port, in the northeastern Brazilian state of Maranhao.

Vale said last month that it was considering doubling production at Serra Sul Carajas, where its giant S11D mine is located, to 150 million tonnes a year.

(By Marta Nogueira and Tatiana Bautzer; Editing by Christian Plumb)

1417 0

Comments

Your email address will not be published. Required fields are marked *

More Iron Ore News