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No plans to resume Brazilian pellet units, Vale says

February 28, 2014 - 05:41 GMT Location: São Paulo

KEYWORDS: Brazil , Vale , pellet , Samarco , Tubarão , São Luis

Vale does not plan to resume operations at its São Luis and Tubarão I and II pellet units in Brazil in the short term, its executive director for iron ore and strategy José Carlos Martins said.

"This possibility does not exist in the short term," he told analysts in a conference call on Thursday February 27. The miner decided to stop operations at São Luis, in Maranhão state, and Tubarão I and II, in Espírito Santo state, in October...

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