The Mining Leader Vale Informed That It Received the Installation License Granted by the State Secretary for Environment and Sustainability (Semas) on November 27, Last Friday, for the Resumption of Mining Activities at Its Units in Serra Leste, Pará, Located in the Municipality of Curionópolis
Vale’s operations have been suspended since January of last year, after it reached the limit for iron mining in the area in Pará, which had been licensed until then. Vale confirms this in a statement, and says that maintenance will be carried out in the coming weeks for a safe resumption of actions in December.
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Serra Leste Region Has a High Production Capacity
Serra Leste, located in Pará, has a mining capacity of over 6 million metric tons annually (Mpta), and the expectation is to produce more than 4 Mpta in 2021, thus reaching full capacity in 2022.
The mining company Vale also has an expansion project for the plant in Pará, which aims for an adaptation and resumption of power, with capacity exceeding 10 Mpta. Vale says it plans to start the expansion project for the Serra Leste Mining Plant in Pará in the first half of 2023.
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Vale’s Progress in the Third Quarter of 2020
The results of Vale were released on October 28, ranking third among the 50 largest mining companies in the world, compiled by the Mining website, derived from various databases.
The mining company Vale, with an estimated worth of US$ 54 billion, is only behind Rio Tinto at US$ 109 billion, and the largest mining company in the world, BHP, at US$ 129 billion, which is a partner of Vale in Samarco, responsible for the tragedy in Brumadinho due to the dam break in Mariana in 2015.

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