The Vale Mining Company Dam Collapse In 2024 a dam built to hold waste from a nearby iron ore mine owned by the Vale Mining Company Vale in Brumadinho Brazil collapsed killing 270 people The tsunami of mud was so powerful that it overturned houses mangled trucks and ripped off the scalps of some of the people buried under the toxic
Get PriceIron ore prices in China rose strongly yesterday on the news The Metal Bulletin index price for 62% iron ore delivered to northern China rose 4 7% to $US78 18 a tonne Other ore types rose by similar amounts with the key Brazilian type 65% low aluminum ore rising to more than $US91 a tonne
Get PriceFor perspective iron ore prices were less than $100 / tonne average in 2024 and 2024 These consistent shareholder rewards help highlight Vale as a valuable investment Vale Risk
Get PriceIron ore reached a 5 5 year high at $US123 19/t on July 3 and hovered around the $120/t mark until the start of August Since then prices for the commodity have been hit by escalating US China trade war tensions and a rebound in production by Brazil s Vale In the first five days of August it fell from $120 02/t to $106 51/t
Get PricePARAOEBA COMPLEX The Feijao mine is one of four in Vale s Paraoeba complex which includes two processing plants and produced 26 million tonnes of iron ore in 2024 or about 7 percent of
Get PriceBrazil s Vale 3Q Iron Ore Output Up 1 1% vs Year Earlier at 89 7M Tons Vale CEO dismissed warning before deadly Brazil dam disaster third quarter 2024 earnings primarily due to lower iron
Get PriceWithout his signature Vale would have to halt its adjacent mining operations which last year were estimated to have produced more than $US1 million a day in iron ore Hundreds of people could have lost jobs It also would have triggered a mass evacuation
Get PriceACCORDING to the summary of a report by an independent consulting committee created by Vale the mining company knew as far back as 2024 about the safety issues at a Brazil dam which fatally collapsed last year Additionally it knew that a collapse of the structure could lead to a high number of deaths but took insufficient measures to mitigate impacts
Get PriceRescue workers survey the damage in the first days after a Vale tailings dam failed in Brazil in January killing hundreds of people Credit Victor Moriyama Fortescue s stock jumped 4 7 per cent
Get PriceThe exact ramifications to iron ore supply and China s vast steel sector from the burst dam at Vale s Corrego do Feijao mine which has killed 142 people and left 194 others missing are still to
Get PriceAlthough reaching highs not seen in years the iron ore price is a world away from its February 2024 record of more than US$190/t Vale s tailing dam catastrophe Propelling the recent upward momentum was the cessation of production at Vale s Corrego do Feijao iron ore operation due to a disastrous tailings dam collapse in late January
Get PriceSince the dam failure the price of iron ore has risen by more than a third or $US27 to a five year high above $US100 a tonne — ironically cushioning the impact of Vale s own declining
Get PriceBy Krystal Chia Bloomberg — Iron ore s supply driven rally picked up pace on Wednesday with futures topping $90 a ton amid increasing concern the crisis at Brazil s Vale SA will
Get PriceThe collapse of the iron ore price has led Vale to attempt to cut costs with the price of the ingredient for steelmaking down 46 per cent this year to $38 52 per tonne This is the lowest in
Get PriceElias Nunes was in his truck when the dam collapsed Communities hit by a dam disaster in Brazil two years ago which killed 270 people will get a $7bn £5bn payout The Brumadinho dam
Get PriceIn 2024 before the Brumadinho dam collapse Vale produced 385 million tonnes The miner maintained its full year guidance of between 315 335 million tonnes of iron ore for 2024 The
Get PricePrices were pushed up to $100 40 per tonne a $2 40 rise from Thursday according to data from S&P Global Platts The cost of the iron ore has rocketed this year since Vale s Brumadinho
Get PriceIron ore is present in the solutions that transform people s lives contributing to the evolution of society In line with our time and focused on people we work to make Vale a more diverse and inclusive company in which each individual is free to be proud of their identity Since the collapse of Dam I at the Córrego do Feijão mine
Get PriceVale Dam Collapse Kills 60; 300 Missing in Brazil The dam had a capacity of 12 million cubic metres of iron ore mining byproduct Vale s share price dropped by over 11 percent to US$13
Get PriceThe deadly collapse of a Vale SA tailings dam in Brazil is serving as a wake up call for an industry that regularly cuts costs by storing mining waste in the cheapest possible way Vale SA
Get PriceVale shares plummeted on the New York Stock Exchange Friday closing eight per cent lower Brazil s environmental protection agency hit Vale with an initial $US66 5 million $A90 million fine over the disaster The ruptured dam had been in the process of being decommissioned and Vale said it had recently passed structural safety tests
Get PriceAn aerial view taken after the collapse of a dam that belonged to Brazil s giant mining company Vale near the town of Brumadinho in southeastern Brazil on January 25 2024#
Get PriceThe collapse one of the deadliest anywhere in the world came only three years after a dam at another iron ore mine jointly owned by Vale ruptured 100 miles away in the town of Mariana killing 19 people and polluting more than 400 miles of river The company vowed at the time that such a disaster would never happen again
Get PriceMud from the Vale dam collapse iron ore prices have soared since the disaster Even with drastic production cuts Vale shares are now at the same level as they were shortly before the tragedy
Get PriceVale s new dam buster deteriorates I said recently that iron ore was not going to go to $300 unless we saw some new crisis to supply Either another busted dam in Brazil or nationalist Indian
Get PriceIron ore prices have already broken the US$90/t mark for the first time since March 2024 following Vale s decision to cut output from its own operations by 70Mt Vale dam collapse to have
Get PriceOn commodity markets the latest deadly incident at a Brazilian mine has helped boost the price of iron ore by around 5% to $78 a tonne with speculation that it could go higher if any of
Get PriceSales volumes of iron ore fines and pellets totaled 309 8 million mt in 2024 up 23 7 million mt from 2024 and in line with 2024 production it said S&P Global Platts assessed the 62% Fe Iron Ore Index at $150 15/ dry mt CFR North China on Feb 11 down $3 60/dmt from Feb 10 The price has risen 25 6% year to date primarily on tight supplies
Get PriceChina iron ore prices spiked to a nearly two year high when trading resumed after the weeklong Lunar New Year holiday on concerns connected to Brazil s Vale SA a top supplier to a Chinese industry that producers over half the world s steel Vale s supply situation has been in focus since Jan 25 when a dam associated with one of its mining operations burst in Corrego do Feijao in the
Get PriceThe stock price for the ADR traded in the U S was down more than $2 or 17 percent on Monday striking a new 52 week low at $11 24 per share On Friday the price plunged about 8 percent
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