OREANDA-NEWS. Vale has obtained the operating license (LO) to expand its N4WS mine pit located in CarajЁўs, Brazil. The installation license was not required in this case since it refers only to the extension of a mine operation.

The license was issued by the Instituto Brasileiro do Meio Ambiente e dos Recursos Naturais RenovЁўveis (IBAMA) on November 5, 2014. The next steps are to obtain the authorization for vegetal suppression from IBAMA and to develop the mine immediately after this authorization.

This license supports the production plan for 2015 and 2016 in the CarajЁўs Mining Complex and is a major step in our iron ore production growth process.

IBAMA, ICMBio and Vale continue working together in the licensing process for N5S mine pit in the Northern System in CarajЁўs.​