Latest news with #GeladoProject
Yahoo
2 days ago
- Business
- Yahoo
Vale to end water use in iron ore processing at Carajas by 2027
Brazilian mining company Vale has announced plans to stop using water in iron ore processing at its Carajas complex in northern Brazil by 2027, according to a report by Reuters. This initiative is expected to eliminate the generation of tailings, thus negating the need for new dams and reducing operational costs. Additionally, Vale is focused on expanding pellet feed production by reutilising mine waste at the Carajas complex. Carajas, located in the Para state of Brazil, is recognised as the largest open-pit iron ore mining complex globally. The company's transition towards dry processing is well under way, with 90% of its Northern System operations already employing this method. Vale director Gildiney Sales was quoted as saying: 'By end-2027 they will be 100% dry. The Northern System will be 100% on natural moisture.' In 2024, the area produced 177.5 million tonnes (mt) of iron ore, accounting for more than half of Vale's total production. The Gelado Project, which has repurposed tailings from the Gelado dam since 1985, is projected to double its output in 2026 compared to this year. With an estimated production of around 5mt next year and 6mt in 2027, Vale is aiming for 10% of the Gelado Project's annual production to originate from "circular mining" by 2030, the report said. However, Vale's ambition to increase nickel production at the Onca Puma complex in Brazil has faced a setback. Brazilian power grid operator ONS has denied the company's request for an increase in power consumption, which is crucial for operating a new furnace as part of a $555m (3.08bn reais) expansion project. "Vale to end water use in iron ore processing at Carajas by 2027" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
4 days ago
- Business
- Reuters
Vale to eliminate water use in Carajas iron ore processing by 2027
PARAUAPEBAS, Brazil, June 25 (Reuters) - Mining giant Vale ( opens new tab aims to stop using water to process iron ore at its Carajas mines by 2027, executives said on Tuesday, while expanding pellet feed production through the reuse of mine waste at the complex in northern Brazil. Ending the use of water in iron ore beneficiation would eliminate generation of waste known as tailings in the production process, therefore removing the need for new dams to be built to store them and reducing costs, Vale said. Carajas, in Brazil's Para state, is the world's largest iron ore open-pit mining complex and part of its operations have already adopted dry processing, with 90% of Vale's so-called Northern System no longer using water in beneficiation. "By end-2027 they will be 100% dry. The Northern System will be 100% on natural moisture," Vale director Gildiney Sales said, referring to an area that produced 177.5 million metric tons of iron ore in 2024, or more than half of Vale's total output. The company also said that it expects its Gelado Project, which makes high-quality pellet feed by reusing tailings stored since 1985 at the Gelado dam, to double production in 2026 when compared to this year. Gelado's output is set to reach around 5 million tons next year and 6 million tons in 2027, according to the firm, which plans to have 10% of its total annual production coming from "circular mining" by 2030.
