Please login or register to join our webinar.

E-mail address:
Password:
Forgot your password?
Log in
REGISTRATION
Home > Mining Companies > Vale S.A. > News > Vale informs on Serra Sul...
Vale S.A.

Vale informs on Serra Sul 120 Project and increase of operational flexibility

Aug 13, 2020
Vale informs that its Board of Directors approved, on this date, the implementation of the Serra Sul 120 Project, located in the municipality of Canaã dos Carajás (PA), Brazil.
 
The Serra Sul 120 Project consists of increasing the S11D mine-plant capacity by 20 Mtpy, which will total 120 Mtpy at site. The Project has total multiyear investments of US$ 1.5 billion and its start-up is expected in the first half of 2024. The Project includes: (i) the opening of new mining areas; (ii) the duplication of the long-distance belt conveyor (TCLD); (iii) the implementation of new processing lines at the plant; (iv) the expansion of storage areas, among other measures
 
The Serra Sul 120 Project will create an important buffer of productive capacity, ensuring greater operational flexibility to face eventual production or licensing restrictions in the Northern System. The investment to duplicate the existing TCLD, in the amount of US$ 385 million, in addition to providing flexibility, also aggregates important elements for the reduction of operational risks, adding reliability to the system.
 
The Project will anticipate investments in mine-plant which, together with the logistics solution under development, aim to increase the Northern System's total capacity in 20 Mtpy, to 260 Mtpy. The expansion of the mine-plant capacity and the development of additional logistics capacity are important steps for the iron ore volume growth, the maximization of margin and the flight-to-quality optimization.
 
With the Serra Sul 120 Project's anticipation and the delay in the execution of projects in 2020 due to the COVID-19 pandemic, Vale informs that it will revise and update, in due course, its investment guidance for 2021, currently at US$ 5 billion, and in the period between 2022-2024, with an average of US$ 4.5 billion. The Company informs that it will file again the item 11 of its Reference Form, in compliance with the Instruction n. 480 of December 7th, 2009, as amended, issued by CVM, the Securities and Exchange Commission of Brazil.
 
Figures - Serra Sul 120 Project
 
 

Source: http://www.vale.com/brasil/EN/aboutvale/news/Pages/vale-informs-on-Serra-Sul-120-Project-and-increase-of-operational-flexibility.aspx

Latest news
Diversity and Inclusion as a lever for Cultural Transformation
LGBTQIA+ pride: what is the role of the allies in fighting prejudice and raising awareness about the issue?
Woman, trans and programmer in Vale's operations: learn about Ágatha Coura's trajectory, challenges and achievements
Vale receives the world's first ore carrier that produces air bubbles in the hull to reduce emissions
LGBTQIA+ Pride: Meet some of Vale's bisexual employees and the work they do in favor of diversity
View More News
Magazine
May 20, 2020
Vale’s Production and Sales In 4Q20 and 2020
Inside this issue
Digital edition
Career Opportunities
Sr Engineer, Ground Control

We are currently seeking a Senior Engineer, Ground Control to join our Creighton Mine in Sudbury.
Sr Analyst, Business Planning (System 1)

We are currently seeking a Sr Analyst, Business Planning (System 1) to join our Planning & Engineering team in Sudbury. This is a permanent position.
Heavy Duty Equipment Technician

We are currently seeking Heavy Duty Equipment Technicians to join our Maintenance Department in Sudbury.
Engineer-In-Training (EIT)

The successful candidate will be a member of the Vale's Ontario Operations and enrolled in a 48-month program that includes Application of Theory, Practical Experience, Management of Engineering Communication Skills, and Social Implications of Engineering which is the requirement for licensing as a Professional Engineer in Ontario. 
Technical Leader, Projects Sudbury

We are currently seeking a Technical Leader, Projects Sudbury to join our Exploration and Mineral Projects team in Sudbury. This is a permanent position.
Surface Construction Manager

We are currently seeking a Surface Construction Manager to join our Voisey's Bay Mine Expansion Project Team for our remote mine site in Voisey's Bay, Labrador, a fly-in fly-out operation. This project term position will be working from home office with regular travel to Voisey's Bay.
Manager, Exploration Voisey's Bay

We are currently seeking a Voisey's Bay Exploration Manager to join our Exploration team in St. John's and Voisey's Bay Mine site, Newfoundland and Labrador. This is a permanent position.
Manager, Exploration Thompson

We are currently seeking a Manager, Exploration Thompson to join our Exploration team in Thompson. This is a permanent position.
Maintenance Technician - Scaffolding

We are currently seeking a Maintenance Technician - Scaffolder to join our Maintenance Team at our remote mine site in Voisey's Bay, Labrador , a fly-in fly-out operation. This is a permanent position, with a 2 week on, 2 week off rotation.
Human Resources Coordinator (Fixed-Term)

We are currently seeking a Human Resources Coordinator to join our Human Resources team in Sudbury. This is a 12 month fixed-term position.
More Careers