Vale reopens Capanema mine to boost iron ore output

Brazil's Vale, one of the world's leading iron ore miners, resumed operations at the Capanema iron ore mine in Ouro Preto city, Minas Gerais state, on September 4, marking the end of the mine's 22-year shutdown, according to the company's announcement on the same day.

The mine is expected to add approximately 15 million tonnes/year to Vale's iron ore production, supporting the company to achieve its production guidance of 340–360 million t/y in 2026, the post indicated. The Brazilian mining giant produced 151.3 million tonnes of iron ore during the first half of this year,