Exclusive: Brazil's Vale to spend $2.5 billion on technology to prevent mining dam disasters

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Brazil's Vale said on Thursday that it plans to invest $2.5 billion over th...

FILE PHOTO: A view of a collapsed tailings dam owned by Brazilian mining company Vale SA, in Brumadinho, Brazil February 13, 2019. REUTERS/Washington Alves/File Photo

The funds will be mainly used to convert Vale’s Carajas mining complex in northern Brazil to disposing of 100 percent of its tailings through dry processes, Vale’s director of ferrous planning and development, Fabiano Carvalho Filho, said in an email response to questions from Reuters. Of the 17 processing lines of Plant 1 at Carajas, 11 are already dry and the remaining six wet lines will be converted by 2022, Carvalho Filho said.

Source: Tech Daily Report (techdailyreport.net)

 

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Spend it on not mining instead!

A little to late to be thinking you might be able to stop Mother Nature....to late...

Sorry about the dead.

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