Itabiritos project

Initiatives

Itabiritos project

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In the municipality where Vale was born, Itabira, Minas Gerais, we are developing one of the largest revamp projects in the mining industry: Itabiritos. By investing US$5.5 billion to build and adapt processing plants, it will be possible to reuse low-grade iron ore, which has built up in piles over the years, ushering in our “third wave” of production at our Itabira and Vargem Grande complexes. (The latter is located in Nova Lima, in the metropolitan region of Belo Horizonte.) Investment in processing technologies will expand our production volumes and extend the lifespan of four mines in the region, including Cauê Mine, our first iron ore operation, which opened in 1942. The project is due for completion in 2015.

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