Vale sees 10% of its iron ore production coming from tailings by 2030
By Marta Nogueira
BELO HORIZONTE, Brazil, Sept 12 (Reuters) -Brazilian miner Vale VALE3.SA expects that by 2030 some 10% of its iron ore output will come from the reuse of mine waste known as tailings, an executive told Reuters, reducing the amount of potentially dangerous material still stored in dams.
In 2024, the mining giant expects to recover about 7 million metric tons of iron ore through its "circular mining" program, Vale's executive vice president of technical affairs, Rafael Bittar, said in an interview on Wednesday.
He did not provide specific projections for how much iron ore will be produced from tailings and waste by 2030, but the expected increase in Vale's overall production implies the volume will likely jump in coming years.
The firm, one of the world's largest iron ore producers, on Wednesday revised its 2024 outlook upwards and now expects to produce up to 330 million tons this year. From 2030 onwards, it sees annual output of more than 360 million tons.
"This program aims to reuse waste that is already in our dams," Bittar said on the sidelines of a mining conference. "This is a reality and it will come very strongly (for the industry), so we anticipated it and designed this program."
Vale's initiative to reduce its tailing volumes gained ground after the fatal collapse of two dams in Mariana and Brumadinho in 2015 and 2019, respectively, which jointly killed hundreds and caused severe environmental damages.
Part of Vale's tailings are stored in dams. Since the disasters, the firm has been working to eliminate all its upstream dams, which are seen as riskier.
Last year alone, Vale generated 48.5 million tons of iron ore tailings.
Reporting by Marta Nogueira;Editing by Elaine Hardcastle
免责声明: XM Group仅提供在线交易平台的执行服务和访问权限，并允许个人查看和/或使用网站或网站所提供的内容，但无意进行任何更改或扩展，也不会更改或扩展其服务和访问权限。所有访问和使用权限，将受下列条款与条例约束：(i) 条款与条例；(ii) 风险提示；以及(iii) 完整免责声明。请注意，网站所提供的所有讯息，仅限一般资讯用途。此外，XM所有在线交易平台的内容并不构成，也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。
所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。
本网站上由XM和第三方供应商所提供的所有内容，包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接，皆保持不变，并作为一般市场评论所提供，而非投资性建议。所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为适用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解，XM非独立投资研究提示和风险提示相关资讯，更多详情请点击 这里。
