Mining News

Vale unit to invest US$800mn in dry iron ore processing technology (bnamericas.com – November 9, 2021)

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https://www.bnamericas.com/en/ Brazilian iron ore mining giant Vale, through its tech subsidiary New Steel, signed a protocol of intent with southeast state Minas Gerais to invest 4.4bn reais (US$795mn) in technology that eliminates the need for tailings dams. The funds will be used to implement an innovative dry iron ore processing technology that drastically reduces the …

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