Mineradora Vale vai investir 5 bilhões de dólares por ano em 2020 e 2021

Vale Mining Company to Invest 5 Billion Dollars Per Year in 2020 and 2021

Written by Flavia Marinho

Published on 12/05/2020 at 17:18

Mineradora Vale vai investir 5 bilhões de dólares por ano em 2020 e 2021

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According to mining company Vale, the current investment, which includes replacement contributions, will be US$ 4.1 billion in both years

Good news for the mining sector! Amid the pandemic, mining company Vale reported investments of US$ 5 billion in 2020 and 2021, and also wants to invest US$ 4.5 billion in the years ahead. Mining company Samarco receives approval from Ibama for operation license for three pipelines connecting MG to ES

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The good news came from a presentation by Vale released on Tuesday, May 12, where the mining company stated it is “on the right track to resume” its dividend policy.

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Vale Cancelled Chartering of 25 VLOCs Due to Numerous Technical Failures of the Ships

Following Vale’s new risk management approach, the mining company decided to eliminate or replace 25 ships converted from VLCCs to VLOCs from its fleet, the company reported in its quarterly report released on April 29.

The ships had numerous technical failures and will be gradually removed through early termination or modification of the charter contracts.

The decision was made after the last accident in February 2020 involving one of the converted ships – a vessel built in 2016 owned and operated by the South Korean company Polaris Shipping.

The Stellar Banner suffered damage and ran aground after leaving the maritime terminal of Ponta da Madeira, in the State of Maranhão, loaded with approximately 295 kt of iron ore produced by Vale.

Vale Mining Company to Invest 5 Billion Dollars Per Year in 2020 and 2021

According to mining company Vale, the current investment, which includes replacement contributions, will be US$ 4.1 billion in both years

Read Also

Vale Cancelled Chartering of 25 VLOCs Due to Numerous Technical Failures of the Ships

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China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

The seemingly endless sand is disappearing: the world extracts 50 billion tons per year from rivers and beaches, a volume comparable to 19,000 pyramids of Giza, while mafias profit, islands disappear, and city concrete is threatened until 2050.

Scientists drill 8,000 feet of ice in Antarctica and race against time before the hole freezes over again to bury the world’s deepest seismometers and turn the South Pole into a giant ear for earthquakes across the entire planet.

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Vale Mining Company to Invest 5 Billion Dollars Per Year in 2020 and 2021

According to mining company Vale, the current investment, which includes replacement contributions, will be US$ 4.1 billion in both years

Read Also

Vale Cancelled Chartering of 25 VLOCs Due to Numerous Technical Failures of the Ships

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

Windows without a prison-like appearance gain momentum in 2026 and promise to completely transform residential facades with more natural lighting, discreet security, increased property value, and a modern look without the burden of the old iron bars that dominated Brazilian homes for decades.

How much does it cost to make a radier? A shallow foundation can speed up the construction and reduce stages, but poorly compacted soil, excess load, and design errors can turn the concrete slab into cracks, structural settlements, and much higher expenses later on.

Goodbye steel rebar? Scientists create 3D-printed plastic reinforcement that “bites” into concrete, prevents corrosion, and could change beams, slabs, and bridges in civil construction.

End of heavy manual drilling: three robots take over more than 9,000 holes in the Engelberg tunnel in Germany, working at a height of 7.5 meters and increasing precision in construction carried out with traffic in operation.

With unprecedented technology brought from China, Bahia will build a 12.4 km bridge over the Baía de Todos-os-Santos, which will be the largest over the sea in Latin America, connecting Salvador to Itaparica and shortening trips by up to 250 km after decades of waiting.

The seemingly endless sand is disappearing: the world extracts 50 billion tons per year from rivers and beaches, a volume comparable to 19,000 pyramids of Giza, while mafias profit, islands disappear, and city concrete is threatened until 2050.

Scientists drill 8,000 feet of ice in Antarctica and race against time before the hole freezes over again to bury the world’s deepest seismometers and turn the South Pole into a giant ear for earthquakes across the entire planet.

Rice in space becomes a scientific bet for China to understand how microgravity can alter the genetics of the most important grain for Asian food security and reveal if future generations of the plant can be born, grow, and maintain their biological identity away from Earth.

How much would a Toyota Hilux cost without tax in Brazil? A diesel pickup truck priced at R$ 250,000 could drop to around R$ 127,000, showing why pickup trucks have become a luxury product in the country.

Windows without a prison-like appearance gain momentum in 2026 and promise to completely transform residential facades with more natural lighting, discreet security, increased property value, and a modern look without the burden of the old iron bars that dominated Brazilian homes for decades.