Vale to Resume Serra Leste Operation
Brazilian mining giant Vale SA has received the Installation License from the Environment and Sustainability Department of the State of Para SEMAS for the resumption and the expansion of Serra Leste operations, in the city of Curionopolis, which have been halted since January 2019, after reaching the limit of the area previously licensed for the extraction of iron ore. In the coming weeks, maintenance will be carried out for the safe resumption of operations in December. Serra Leste, which has a production capacity of 6 million tonnes per year, is expected to produce around 4-5 million tonnes per year in 2021, reaching its full capacity in 2022, following the planned resumption activities ramp-up. The expansion project, which consists of the adaptation and repowering of the existing plant, will allow a capacity upgrade to 10 million tonnes per year, with start-up expected in the first semester of 2023.
The return of Serra Leste is another step in the stabilization of Vale’s iron ore production and on the way to the return of the production capacity of 400 million tonnes per year.