· Posted by Daniel Gleeson on 26th September 2023. Vale says it has signed a MoU with the Port of Açu to study the development of a Mega Hub at the port located in São João da Barra in the state of Rio de Janeiro, Brazil, to produce HBI (hot briquetted iron) using the direct reduction route. The Mega Hub will initially receive
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· Innovative product, which reduces CO2 emissions by up to 10%, was shipped from the Port of Açu for testing at a client in Europe. Vale last week concluded the shipment of its first cargo of iron ore briquettes
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RIO DE JANEIRO, July 29 (Reuters)-Vale SA (VALE3.SA) flagged potential production setbacks on Thursday amid temporary issues at multiple iron ore mines, but executives said the Brazilian miner
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· Minas-Rio is a fully integrated iron ore operation, with a mine in Minas Gerais State, a processing plant, a slurry pipeline, and a port in Rio de Janeiro. The project is expected to produce 26.5
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Vale to build $345 million ‘green’ pig iron plant in BrazilVale eyes stake in Anglo American’s Brazilian iron ore projectBrazil’s Vale Invests $2.7B to Expand Amazon Mining inBrazil: annual iron ore mine production 2023 | StatistaBrazil mining giant Vale agrees deal with China port to• · Vale (NYSE: VALE) and Latin America’s largest port have signed an agreement to study the potential construction of a facility in Rio de Janeiro state that
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MiningWeekly Mining Sector News Mining Industry 200 people missing after Brazil dam owned by mining giant By Reuters 12th March The town of Mangaratiba in Brazil s Rio de Janeiro state fined miner Vale and closed its iron ore port terminal on Monday citing
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· In Rio de Janeiro, we operate the Portos Sul complex, on Costa Verde region of Rio de Janeiro and host our company headquarters. Comprising terminals for the loading of iron ore, the site has the capacity to ship more than 75
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· The world's top iron ore and nickel miner said that 100% of the electricity used in its local operations last year came from green sources. Vale mines in Brazil now 100% renewable energy-powered
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· The partnership with Sweden’s H2 Green Steel fits into this broader Vale’s goal of making agreements with customers to help them reduce polluting gas emissions. The steel industry accounts for about 8% of global CO2 emissions. Vale has set the goals of reducing net carbon direct and indirect emissions by 33% by 2030 and reaching zero by
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Minas-Rio is an iron ore mining project in Minas Gerais state, Brazil. It is one of the world's largest mining projects, and is initially expected to export 26.5 million tonnes of iron ore in 2013, through a 525 km slurry pipeline to a port at Açu; production potential is
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· Anglo American has announced that it has agreed to acquire and integrate the contiguous Serra da Serpentina high quality iron ore resource owned by Vale SA into Anglo American’s Minas-Rio mine in Brazil. Anglo American will continue to
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· The Minas-Rio iron ore project includes an open cut mine and beneficiation plant in the state of Minas Gerais. The project is designed to produce 26.5 million tonnes a year (Mtpa) of iron ore pellet feed for the steel industry, with a particularly high iron ore content of around 68% and low levels of contaminants, the company stated.
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· Mining giant Vale BMFBOVESPA:VALE3 and Brazil's top commercial port have signed an agreement to study the potential construction of a facility in Rio de Janeiro state that would produce low-carbon iron ore products, port executives told Reuters.Vale's deal with the Acu port, Latin America's largest…
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Find company research, competitor information, contact details & financial data for VALE SA of RIO DE JANEIRO, RIO DE JANEIRO. Get the latest business insights from Dun & Bradstreet. Dynamic search and list-building capabilities Real-time trigger alerts
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· The proposed facility, dubbed Mega Hub, will be developed at the port of Açu in São João da Barra, the Rio de Janeiro state, and produce hot briquetted iron (HBI) using the direct reduction route. The Mega Hub will initially receive pellets from Vale and could include an iron ore briquette plant at the site in future, to supply the direct
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Find company research, competitor information, contact details & financial data for VALE S/A of RIO DE JANEIRO, RIO DE JANEIRO. Get the latest business insights from Dun & Bradstreet. Company Description: One of the largest metals and mining companies in the world, Vale is also the world's largest producers of iron ore and nickel, as well as iron
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· A Vale e o Porto do Açu assinaram um Memorando de Entendimento (MoU) para estudar o desenvolvimento de um Mega Hub no porto, localizado na região norte do Estado do Rio de Janeiro, para fabricação de
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· Vale signs agreement for green steel 'Mega Hub'. Published 27th September, 2023 by Catherine Hill. Mining and metals group Vale has signed an agreement with the Port of Açu, located in Rio de Janeiro, to develop a ‘Mega Hub’ for decarbonizing steelmaking. The hub will focus on using the direct reduction route to produce HBI.
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· Iron ore briquettes. Image: Vale. Brazilian miner Vale is considering implementing new iron ore briquette plants in It also has a deal to build a new facility in Rio de Janeiro’s Acu port
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· South Africa’s Exxaro mining company announced in June 2014 that it might have to “write down” as much as US$507.6 million spent on its Mayoko iron ore project in the Democratic Republic of Congo. Attempts failed to reach agreement with the government on the development of port and rail facilities.
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· Minas-Rio iron ore mine – $56.43bn. Minas-Rio, one of the ten biggest iron ore mines in the world, located in the state of Minas Gerais in south-eastern Brazil, is 100% owned by the UK-based mining multinational Anglo American through its subsidiary Iron Ore Brazil. Anglo received operating permit for the Minas-Rio iron ore mine and
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· While the region represented 40% of Vale’s output in the nine months through September, the company reiterated its production guidance of 320 million to 335 million tons of iron ore in 2022.
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· Vale has signed a memorandum of understanding (MoU) with the Port of Açu Operações, a deep-sea port complex, to assess the potential development of a mega-hub in Brazil for the decarbonisation of steel industry. Due to be built in São João da Barra in the state of Rio de Janeiro, the hub will be equipped to produce hot briquetted iron (HBI
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In Rio de Janeiro, we operate the Portos Sul complex, on Costa Verde region of Rio de Janeiro and host our company headquarters. Comprising terminals for the loading of iron ore, the site has the capacity to ship more than 75 million tonnes per year. The structure also includes the Ilha Guaíba Terminal (TIG) and the Terminal of Companhia
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· Mining giant Vale and Brazil's top commercial port have signed an agreement to study the potential construction of a facility in Rio de Janeiro state that would produce low-carbon iron-ore
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· Paulo Castellari, chief executive officer of Anglo American’s iron ore-unit in Brazil, said the project would ramp up to its capacity of 26.5 million tons per year over the next 18 to 20 months
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As business results, Vale reported proforma adjusted EBITDA from continued operations of US$ 4.5 billion in Q3, up 12% y/y and 8% q/q. EBITDA from the Iron Solutions business was up 18% y/y and 13% q/q, mainly due to higher iron ore realized prices and sales volumes. Iron ore C1 cash cost ex-3rd party purchases decreased 7% q/q, reaching US$ 21
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· Technical information of the contested project. It is planned to produce 26.5 million tons of iron ore during 40 years. The Minas-Rio Project includes the construction of a pipeline of 523 km, which will go through 32 counties and will make the transport of ores to the Porto do Acu, in the municipality of Sao Joao da Barra, Rio de Janeiro.
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Mining of iron and pellets, nickel, copper, manganese and ferroalloys. At Vale, we work with raw materials essential for modern life. Learn more. It is part of everyday life: it is used in the generation and transmission of
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· Vale Weighs Bid for a Stake in Anglo’s Brazil Iron Mine. Vale SA, the world’s second-largest iron ore producer, is reportedly considering acquiring a stake in Anglo American Plc’s huge Minas-Rio project in Brazil. Iron Ore Transpor. A freight train carrying iron ore travels towards a port in Rio de Janeiro, Brazil, on Monday, March 19,
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