SOURCE: Industrial Info Resources

Industrial Info Resources

July 03, 2012 06:30 ET

Vale Receives Preliminary License for S11D Iron-Ore Mining Project, an Industrial Info News Alert

CORDOBA, ARGENTINA--(Marketwire - Jul 3, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The giant Brazilian mining company Vale S.A. (NYSE:VALE) (Rio de Janeiro) has received the preliminary license for the S11D iron-ore mine project in southeastern area of the Para state in northern Brazil. The project entails the expansion of mining operations and a processing plant at the Carajas mining complex, which has been operational since 1985. Currently, the complex is the biggest producer of iron in the world, with a record output of 109.8 million metric tons in 2011.

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