Coronavirus could cause Vale to delay reopening after Brumadinho accident

Vale is at risk of postponing the resumption of production capacity due to possible delays in inspections, evaluations, and authorizations, caused by the pandemic of the new coronavirus. The company had stopped several activities after the rupture of one of its tailings dams in Brumadinho (MG) in January 2019.  It was awaiting completion of safety reviews and approvals from authorities to resume operations.

Despite this, according to Vale, the pandemic has so far had a limited impact on its business, with no interruptions in Brazilian operations and at Chinese ports.

Source: Reuters

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