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The president of Vale, Fabio Schvar tsman, at a press conference on the mining dams – Photo: Reproduction / Globonews
To speed up the dam dismantling process, the company will have to stop the production of iron ore in neighboring regions, with an impact of 40 million tons Fabio Schvartsman, CEO of Vale, announced Tuesday (29) that he was transporting iron ore and 11 million tons of pellets a year.
40 million tonnes of iron ore accounts for 10% of the production forecast for Vale, the world's largest producer of this product, in 2019.
This announcement was made at the end of 39; a meeting with the Ministry of Mines and Energy, where the executive presented closure plans with insecurity in its dam system in Minas Gerais.
He noted that nine of the 19 upstream dams had already been dismantled.
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