Vale

In the global quest to significantly decarbonise mining operations, eight technology innovators’ submissions have been selected to progress beyond the Charge On Innovation Challenge.

Researchers from Queensland and Geneva have used samples from one of Vale’s largest iron ore sites to repurpose mineral waste while alleviating the global sand crisis.

Fortescue Metals Group has restructured its executive team with four appointments expanding its capacity from purely iron ore into green renewables and resources more broadly.  

Vale has employed the digital expertise of Schneider Electric and AVEVA to integrate, centralise and remotely monitor its Brazilian operations.

BluVein has received financial backing from seven major mining companies to further development of its ‘next-generation’ trolley-charging technology.

The Charge On Innovation Challenge has moved into its pitch phase in August after 21 mining companies joined in to develop systems for electrification.

An analyst has described last week as the most volatile in history for the iron ore price as it dropped almost $US29/tonne only to then regain more than $US18/tonne to maintain its bright outlook.

BHP, Rio Tinto and Vale have collaborated with Austmine to introduce the Charge On Innovation Challenge, an electrification competition for mine truck fleets.

Newmont, a top performer in London-based Alva’s environment, social and corporate governance (ESG) report during the third quarter, has committed to a 30 per cent green house gas emissions reduction by 2030 and is aiming for zero emissions by 2050.

The High Court of Manchester has decided not to proceed with a £5 billion ($9 billion) lawsuit against BHP over the Fundão Dam tailings dam failure in Mariana, Brazil five years ago.

Vale’s technologically advanced S11D iron ore mine in Brazil has called on the likes of Germany sensing expert LASE to complement the truckless mine design.

New Century Resources has dropped its intention to acquire the Goro nickel-cobalt mine in New Caledonia from Vale.

IGO has offloaded its share in New Century Resources less than six months after buying in to the company.

Vale has approved the $US1.5 billion ($2.1 billion) Serra Sul 120 project in Brazil.

Iron ore prices soared to nearly $US110 ($157.4) per tonne yesterday, a level not seen since August 2019.

Epiroc has signed a batteries as a service (BaaS) agreement with Vale to safely install battery plans in two of its mining operations. 

Centaurus Metals has achieved positive exploration results from the Jaguar nickel sulphide project in Brazil’s Carajás mineral province – just months into acquiring the project from Vale.

Australia’s big iron ore miners are set to cash in on surging iron ore prices as Brazil’s Vale has been hit with coronavirus-related troubles.

Brazil’s worsening COVID-19 crisis and the reduced shipment of iron ore from the South American country have led to a surge in global iron ore prices on the back of resilient demand from China.

New Century Resources is set to acquire Vale’s Goro nickel-cobalt mine in New Caledonia, a move that is supported by substantial shareholder IGO.