Vale on the partial return of dry processing operations at the Vargem Grande complex

About Vale

7/23/2019

Vale on the partial return of dry processing operations at the Vargem Grande complex

Vale informs that the National Mining Agency (Agência Nacional de Mineração - ANM) authorized the partial resumption of the dry processing operations at the Vargem Grande Complex. 

The above-mentioned decision will enable the partial resumption of dry processing operations at the Complex within 24 hours, totaling about 5 Mt of additional production in 2019, thus increasing the supply of Brazilian Blend Fines.

Vale reaffirms its 2019 iron ore and pellets sales guidance of 307-332 Mt, as per previous announcement, and estimates current sales volume will be around the midpoint of the range.

​​​

Vale on the partial return of dry processing operations at the Vargem Grande complex