By Mary Carroll, Contributing Reporter
RIO DE JANEIRO, BRAZIL – A logistics project worth US$4.1 billion has been stopped in its tracks, as the world’s largest iron ore producer, Vale, was forced to suspend work on the extension of the Carajás Railroad (EFC) after being subpoenaed by the 8th Federal Circuit Court of Maranhão.
The environmental licensing process of the project which had been granted to the company was also suspended.
The court of Maranhão made the . . .