Brazilian mining regulator allows Vale to use Timbopeba pit

Brazilian mining regulator allows Vale to use Timbopeba pit

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Brazilian mining regulator, the National Mining Agency (ANM), said late this week iron ore producer Vale can now use the Timbopeba pit to store waste from its Fabrica Nova/Timbopeba complex.

ANM said the authorization is provisional and is valid only until December 31, 2020. ANM said Vale can store waste from the Fabrica Nova complex into the Timbopeba pit up to a limit of 2.2 million cubic meters.

The Timbopeba mine is located in the city of Ouro Preto, in the state of Minas Gerais. Vale is currently operating only dry iron ore processing at the Timbopeba mine, which has a monthly capacity of 330,000/mt, according to a media report from Diario do Comercio.

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