Vale's Brucutu mine operating just under 10 million tpy, CFO says

The Brucutu iron ore mine from Brazilian company Vale is currently operating on dry stacking at less than a third of its capacity, the miner’s chief financial officer Luciano Siani said in an earnings conference call on Friday May 10.

“We are currently producing [at a rate of] a little less than 10 million tonnes [per year] at Brucutu,” the executive stated. The mine has an output capacity of around 30 million tpy. The unit is still under legal restrictions that require it to fully operate with tailings dams after a ruling from Minas Gerais’ state court on May 6. There is a high chance that it could...

Published

Felipe Peroni

Renato Rostás

May 10, 2019

17:30 GMT

São Paulo