Brazilian company Mariana Vale announced on Thursday (September 30th) that the suspension of operations near the Xingu Dam in the Valiana Mariana Iron Ore Complex has been partially lifted and will allow the related railway to resume operations. This issue will be resolved to resume the supply of iron ore in the coming months. In the following, we will examine this issue. Please stay with Artan Press until the end.
*** Suspension of part of the Mariana Vale iron ore production process
A spokesman for Vale said the Regional Labor Office (SRT) had ordered part of the suspension to be resumed so that transport could resume transport along the Vitoria-Minas railway. Access and transit of personnel in the immediate flood zone of Zingo Dam is still prohibited. The Department of Labor suspended all operations near the Zingo Dam in the Mariana Complex in June due to the risk of flooding. But later that month, Vale announced that it would use drones to continue transporting iron ore. Mariana Vale Iron Ore looks set to return to normal soon.
*** Use of unmanned trains in iron ore extraction
“During [the suspension], production at the Timbupba plant was transferred by drone,” the Brazilian miner told a Metal Multen reporter on Thursday. According to the standards of the Brazilian Mine Action Plan, the Zingo Dam remains at “Level 2” risk and there is no imminent risk of breakage. Mariana iron ore can change the market trend.
This route of the dam and of course the mine is in a strategic position. It is impossible to return the Valle Marianne iron ore mine to normalcy without heeding the high-level warnings. Vitoria and the port of Tobaro).
*** Statistics of iron ore production in Mariana Vale, Brazil
The daily production of 40500 tons of iron ore from Mariana Vale iron ore mine was calculated. The Zingo Dam is used to dispose of Allegra mine waste, and the SRT decision reduced production to 7,500 tons per day in the area. But the move also affected the Timbopba mine, which had an impact of 33,000 tonnes a day. Concerns about iron ore demand have risen. This issue and China’s efforts to limit the growth of steel production while exposing heavy industries to power outages. All of this has led to lower maritime prices in recent weeks.
*** Australian iron ore prices rise following recent developments
The shutdown of the 75 million tonne Fortescue Metals Group (FMG) in Western Australia following the deaths also boosted prices on Thursday. Fast Market Index for Iron Ore 62% Fine Iron, Qigdao cfr at $ 119.23 per tonne on Thursday, up 4.47% from $ 114.13 per day on Wednesday and 9.72% per week from 108 ۷ $ ۶۷ per tonne increased on September 23rd. Despite this increase, the index fell 49.81% from a record $ 237.57 per ton on May 12. Mariana iron ore can affect the situation in the South American market.
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