Infignos Media -- buyersUSA Consulting
NOW PLAYING
15 Radio Streams
Click Here
Brown's Radiator and A/C Service
Advertise Here

From Energy - Mining / Metals

Brought to you by Tangible Investment Group

Since 2006 we've been buying your gold and jewelry. Highest Prices Guaranteed, and you can take that to the bank! Located on 5th floor in Wells Fargo Bank Building, Quintard Ave. Anniston. Call us at 256-231-0444.

Abundance

Vale Obtains Environmental License for the Expansion of EFC

Mon, 19 Nov 2012 11:12:38 EST

Vale informs that it has received the installation license (LI), issued by the Instituto Brasileiro do Meio Ambiente e dos Recursos Naturais Renováveis (IBAMA), for the expansion of the Carajás railroad (EFC), which connects Vale's mining operations in the state of Pará to the Ponta da Madeira maritime terminal in the state of Maranhão, Brazil.

The LI, along with the simultaneously issued Authorization of Removal of Vegetation (ASV), permits the beginning of capacity expansion of the EFC to 230 million metric tons per year (Mtpy), an important component of the CLN S11D project, which in turn will provide the extension of the logistics infrastructure required to support the 90 Mtpy Carajás Serra Sul S11D iron ore project.

The LI enables railworks of 786 km and includes, among others, the duplication of 559.7 km of railway. The conclusion of the project is expected for 2017.

In this way, the issuance of the LI is a landmark in S11D's execution process, which involves US$ 19.5 billion in total investments, of which US$ 8.1 billion for the iron ore mine and trimodular processing plant, and US$ 11.4 billion for the expansion of railway and maritime terminal logistics infrastructure.

The initial ramp up of iron ore production is expected for the second half of 2016 and operation at full capacity should occur at the end of 2017. The additional 90 Mtpy capacity's operational cost - mine, plant, railway and port - should be extremely low and will create future brownfield expansion opportunities with likewise very low investment costs.

The more than 90 environmental licenses obtained by Vale this year are allowing not only the continuation of the company's mining and logistics operations in Brazil, but more importantly enable an step change in the quality and quantity of its future iron ore production at operational costs below current levels. Such developments will guarantee the unchallenged leadership of Vale in the global iron ore market.


Source: WebWire



From Our Blogs

New Ways to Volunteer in Your Community and Beyond

There are a variety of new ways you can make an impact in your community.

Ways to Keep Your Community Safer

As an average citizen, there are several steps you can take to make your community safer.

Tips to Make Playtime Educational and Fun

Playtime should be fun and educational.

How to Turn Personal Obstacles into Triumphs

Young is offering insights into how to turn your impediments into assets.


Sign up for our weekly newsletter.

Our Website Sponsors

LaMar's Donuts

Our donuts are the ultimate indulgence. Visit us at our 1781 Hamric Drive E. location in Oxford. Call 256-832-4353.

TCBY Yogurt

The country's best yogurt. Softserve, hand scooped, smoothies, cakes, pies, and specialty items. There's nothing like a specialty ice cream cake for your next special occasion! Visit or Anniston location at 1903 Quintard Avenue. 256-238-8229.

Walmart Super Center

Save Money, Live Better! Walmart! WDNG is proud to give away a delicious birthday cake from the Oxford Walmart bakery in our weekly birthday club drawing. www.walmart.com

Northeast Alabama Regional Medical Center

RMC's mission is to provide advanced health care of the highest quality with compassion and integrity to every patient.Over 185 physicians & most major specialties comprise Regional Medical Center’s medical staff.256-235-5121.www.rmccares.org

Tangible Investment Group

Since 2006 we've been buying your gold and jewelry. Highest Prices Guaranteed, and you can take that to the bank! Located on 5th floor in Wells Fargo Bank Building, Quintard Ave. Anniston. Call us at 256-231-0444.