Brazil's companhia vale do Rio doce iron ore output fell sharply in 2019

Brazil's companhia vale do Rio doce iron ore output fell sharply in 2019

Summary

Brazil's companhia vale do Rio doce iron ore output fell sharply in 2019

Brazil's companhia vale do Rio doce iron ore output fell sharply in 2019
Vale do Rio doce 11, 2019, production and sales, according to a report issued by the company in 2019 iron ore output of 302 million tons, 21.5% less than in 2018. Ore dam dam failure accidents is an important factor lead to the decline in production.

End of January 2019, vale in the city of southern Brazil bloom matte new a tailings dam dam, waste mud engulf residential areas, led to the deaths of more than 250 people. After the accident, the company more than other mining area was also the government shut down, production.