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  • Vale to invest 11 billion reais in dry iron ore processing over the next five years

    Vale has invested nearly R$ 66 billion * (US$ 17.5 billion) installing and expanding the use of dry processing, using natural moisture, in iron ore production in its operations in Brazil over the last 10 years. By not using water in the process, no tailings are generated and, therefore, there is no need for dams. Over the next five years, it is estimated that an additional R$ 11 billion (US$ 2.5 billion) in similar processing facilities will be spent. Today, about 60% of Vale’s production is dry and the goal is to reach 70%.

    Read more at Vale to invest 11 billion reais in dry iron ore processing over the next five years.

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