SUGAR LAND, Texas, Jan. 29, 2019 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--The world's leading iron ore producer, Vale SA (Rio de Janeiro, Brazil), has suffered the second major disaster in less than four years.
On Friday, a tailings dam, holding back sludge byproduct from the iron ore mining process, burst at the Carrejo do Feijao mine in the Brazilian state of Minas Gerais. Industrial Info is tracking more than $12.4 billion in Vale projects, including $5.87 billion in Brazil, some of which could be affected by the remuneration this latest disaster will bring.
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