- Write by:
-
Wednesday, June 22, 2022 - 13:10:04
-
627 Visit
-
Print
Mining News Pro - Brazilian miner Vale SA expects to spend $400 million in 2022 to decommission its tailings dams, aiming to have 12 of its 30 structures eliminated by the end of the year, the company told Reuters on Tuesday.
The dam elimination program, which began four years ago, has already cost the company $857 million of the $4 billion it projects to spend by 2035 in an effort to eliminate existing structures that could cause disasters like those in Brumadinho and Mariana, in Brazil’s Minas Gerais state.
Tailings dams are structures that contain mining waste. The breach of one in Brumadinho in 2019 killed 270 people and resulted in a wave of mining tailings impacting the region.
So far, seven structures have been eliminated, four in Minas Gerais and three in Para state. By the end of the year, another five in Minas Gerais will be decommissioned, according to the company.
The 12 dams Vale expects to eliminate by December represent a total volume of 46.9 million cubic meters of tailings.
Short Link:
https://www.miningnews.ir/En/News/621597
Anglo American Plc said it is has received an unsolicited non-binding combination proposal from BHP Group.
Australia’s Fortescue on Wednesday logged a larger-than-expected decline in third-quarter iron ore shipments, following ...
Iron ore futures prices ticked lower on Monday, weighed down by diminishing hopes of more stimulus in top consumer ...
Iron ore futures prices drifted higher on Thursday as the latest soft data from top consumer China triggered renewed ...
Vitol Group confirmed that it’s starting to rebuild a trading book for metals after a long stint out of the market, with ...
Australia’s Fortescue said on Monday it would form a joint venture with OCP Group to supply green hydrogen, ammonia and ...
Iron ore reversed direction after dropping to its lowest level in 10 months as optimism that the country’s economic ...
Iron ore reversed direction after dropping to its lowest level in 10 months as optimism that the country’s economic ...
Nippon Steel intends to pursue its proposed acquisition of US Steel and wants its “deep roots” in the United States to ...
No comments have been posted yet ...