No menu items!

Mining Industry in Minas Gerais may Lose up to R$25 Billion

By Contributing Reporter

RIO DE JANEIRO, BRAZIL - Brazilian miner Vale on Thursday estimated selling up to 75 million tonnes less iron ore and pellets this year after several mines were halted following its second deadly dam burst in less than four years.

The estimate, which is 20 percent below its prior forecast, is the latest blow to Vale from the dam collapse at Brumadinho, which killed some 300 people and forced the world's largest iron . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content