The miner said it will keep a small team of workers at the site to undertake care and maintenance activities. "The Russell Vale colliery [sister mine] has been in care and maintenance since September 2015, and due to operational difficulties at the Wongawilli colliery due to aged infrastructure and equipment, the company has been sustaining

EMBATTLED Brazilian miner Vale has declared force majeure on some of its iron ore and pellets sales contracts after a court ordered the closure of another eight of its tailings dams in the wake of the deadly Brumadinho dam disaster. Trucks idle at Brocutu as mining is halted Surface Mining > Geomechanics-ground-control; 07 February 2019

Source: NBS, Miner’s reports and Vale 120 Mt of Australian ore need replacement in the short term and another 130 Mt until 2030. 7 IO anchor prices are defined not only by costs but also by discounts on low grade ores in scenarios of high productivity requirements 7 2024, Iron Cost (cash cost + sustaining) CFR China, 62% Fe normalized Seaborne volume ex-pellets, including chinese domestic

Vale: A Global Leader in Creating Long-term Value gtnews interviews Vale and Citi to determine the lessons can be learned from transforming Vale´s treasury to best-in-class globally and how this may help

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