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Brazil’s Vale resumes operations at Espírito Santo port terminal -filing

Brazil’s Vale resumes operations at Espírito Santo port terminal -filing

SAO PAULO: Brazilian miner Vale SA will resume operations at a port terminal in Vitória, in the southeastern state of Espírito Santo, after reaching an agreement with local authorities, according to a securities filing on Wednesday.

The authorities had closed the port terminal operated by the miner and fined it 35 million reais ($9.43 million) for throwing mining residues in the sea. Vale said the agreement foresees investment to improve residues treatment.