Vale has acquired the working licence for actions associated to the mine of the Serra Sul +20 Mtpy Challenge: a venture that, as soon as accomplished, will considerably enhance the corporate’s manufacturing capability and function a strategic platform for the sustainable development of Vale’s iron ore manufacturing in Brazil, it says.
The working licence, issued by the Brazilian Institute of Setting and Renewable Pure Assets (IBAMA), is a big milestone for the venture, consistent with the deliberate schedule, with commissioning anticipated to start within the second half of 2026.
The venture includes increasing the annual capability of the S11D mine-plant, within the Northern System, by 20 Mt via initiatives equivalent to growing new mining areas, putting in a brand new semi-mobile crusher, duplicating the present long-distance conveyor belt and implementing new processing strains on the plant.
With complete estimated investments of $2.8 billion, the venture has already reached 57% monetary progress and 77% bodily progress as of July 31.
Collectively, Serra Sul (+20 Mtpy), Vargem Grande, and Capanema comprise Vale’s set of strategic initiatives aimed toward sustainably rising manufacturing and enhancing the pliability of its iron ore product portfolio, the corporate says.
