Vale gets nod for restart of port activities at Guaíba Island Terminal

Brazil’s Vale has obtained a court order allowing it to restart port activities at its Guaíba Island Terminal, it said late on Monday March 18.

The iron ore miner had suspended port activities at the terminal earlier this month on orders of the Mangaratiba city government.
“Following the court decision, Mangaratiba City Hall authorities lifted the interdiction. Vale reaffirms that it has all valid licenses and authorizations required for the regular operation of the terminal,” the miner said on Monday.
Vale exports iron ore produced at its Southern System operations in Minas Gerais state through the Guaiba Island Terminal.

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Deepali Sharma

March 19, 2019

05:13 GMT