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Vale Starts the S11D Iron Ore Project
Vale announced on December 9 it has received the operating license for its S11D surface iron ore mine and plant in Para state, Brazil, and that commercial shipments will begin in January. The project is the largest in the company's history. Total investments are estimated at $14.3 billion: $6.4 billion for a mine and plant with production capacity of 90 million metric tons per year (mt/y) of iron ore and $7.9 billion for a 101-kilometer (km) railway line that double-tracks the existing Carajas Railway to port and for expansion of the Ponta da Madeira maritime terminal in Sao Luis.
Vale Starts the S11D Iron Ore Project
Vale announced on December 9 it has received the operating license for its S11D surface iron ore mine and plant in Para state, Brazil, and that commercial shipments will begin in January. The project is the largest in the company's history. Total investments are estimated at $14.3 billion: $6.4 billion for a mine and plant with production capacity of 90 million metric tons per year (mt/y) of iron ore and $7.9 billion for a 101-kilometer (km) railway line that double-tracks the existing Carajas Railway to port and for expansion of the Ponta da Madeira maritime terminal in Sao Luis.
Vale Starts the S11D Iron Ore Project
2017
Aufsatz (Zeitschrift)
Englisch
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