Vale to partially resume dry processing at Vargem Grande complex

Vale expects to lift production capacity to around 50 million tonnes at its Vargem Grande complex by the end of 2021. (Image courtesy of Data Plus Engenharia)

Brazilian miner Vale SA has been authorized to partially resume dry processing operations at its Vargem Grande complex, which should add 5 million tonnes to annual production, the company said in a securities filing on Tuesday.

Brazil’s mining regulatory agency had ordered Vale to halt operations at Vargem Grande in February to guarantee the stability of its dams. Vale reaffirmed its guidance for iron ore and pellets sales at 307-332 mln tonnes in 2019.

(By Gabriela Mello; Editing by Christian Plumb)

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