Industry News

Vale receives negative safety report for 3 dams, sees no impact on output

Views : 303
Update time : 2020-09-03 22:31:44

RIO DE JANEIRO/SAO PAULO - Brazilian miner Vale failed to meet safety standard levels for three dams in Minas Gerais state, the company said in a securities filing on Wednesday, adding it did not see any impact on iron ore production this year.

Three dams and three dikes have received negative stability condition declarations after regular rounds of inspections, the company said. No evacuation of personnel or nearby communities is needed, Vale said.

The structures are on level 1 of the emergency protocol, a four-level scale in which 0 is no risk and 3 is imminent risk of failure.

Related News
Read More >>
Turkey reports decrease in Jan-Apr wire rod exports & value Turkey reports decrease in Jan-Apr wire rod exports & value
Jun .06.2025
Turkey reports decrease in Jan-Apr wire rod exports & value
EGA expands solar aluminum supply to Hyundai Mobis EGA expands solar aluminum supply to Hyundai Mobis
Jun .06.2025
EGA expands solar aluminum supply to Hyundai Mobis
LME nickel rebounds above $15,500 level on market factors LME nickel rebounds above $15,500 level on market factors
Jun .06.2025
LME nickel rebounds above $15,500 level on market factors
Walsin Lihwa’s May revenue drops m-o-m, rises Walsin Lihwa’s May revenue drops m-o-m, rises
Jun .06.2025
Walsin Lihwa’s May revenue drops m-o-m, rises