Vale Begins Working on Capanema Transport Project in Minas Gerais

Written by Valdemar Medeiros

Published on 22/12/2020 at 13:02

Minério de ferro Vale

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Vale Received License to Start Working on Capanema Transport Project Near Its Timbopeba Mine in Minas Gerais

The mining company Vale has made an estimated investment of $495 million to put the transport project in Minas Gerais into operation. The mining company also stated earlier this Monday that the Capanema project, located in the municipalities of Santa Bárbara, Ouro Preto, and Itabirito, in Minas Gerais, will add a net capacity of 14 million tons per year to the Timbopeba mine.

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“The start of the works on the Capanema transport project in Minas Gerais marks another important step in creating buffers for production capacity, ensuring greater operational flexibility with low capital intensity,” said Vale’s CFO Luciano Siani Pires in a press release.

Mass Investments for Mining Industry

The Vale project includes investments in the Capanema mine and transportation in Minas Gerais for the resumption of operations, acquisition of new equipment, implementation of a long-distance conveyor belt, and adjustment of the storage yards at Timbopeba, the company reported.

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Vale Intends Not to Use Water in Its Processes, Not Generating Wastes, Which Avoids the Need for Dams.

Vale is using dry processing in several units, including Brucutu, Alegria, Fábrica Nova, Fazendão, Abóboras, Mutuca, Pica, and Fábricas in Minas Gerais, with plans for implementation in other locations, including the Apolo and Capanema projects.

Vale is committed to transforming natural resources into prosperity and sustainable development. With start-up planned for the second half of 2023, the project will have a production capacity from natural moisture (without waste generation) of 18 Mtpa and in the first years will bring a net addition of 14 Mtpa of capacity for Vale with shipping from the Timbopeba site.

Vale Begins Working on Capanema Transport Project in Minas Gerais

Vale Received License to Start Working on Capanema Transport Project Near Its Timbopeba Mine in Minas Gerais

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Vale Begins Working on Capanema Transport Project in Minas Gerais

Vale Received License to Start Working on Capanema Transport Project Near Its Timbopeba Mine in Minas Gerais

Read Also

Mass Investments for Mining Industry

Vale Intends Not to Use Water in Its Processes, Not Generating Wastes, Which Avoids the Need for Dams.

A village with 115 inhabitants wants new residents: it offers a house, a job, up to 44 thousand euros in benefits, almost free rent, an annual grant of 8 thousand euros for 3 years, and a 20 thousand euro incentive for businesses in the mountains of Italy.

NASA is offering US$ 750,000 to people from anywhere in the world who solve a problem that could decide survival on Mars: creating food for astronauts without relying on resupply from Earth.

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The United Kingdom removed approximately 1.8 million cubic meters of sand from the seabed and is depositing it all on 6 kilometers of beaches in Norfolk, in a mega-operation to curb erosion, protect coastal villages, and shield a vital gas terminal against the encroaching Atlantic.

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