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Brazil: Vale suspends part of its operations in Minas Gerais state due to heavy rains

RIO DE JANEIRO, BRAZIL - On Monday, the mining company Vale said it has partially halted production in the Southeast and South Systems to ensure the safety of its employees and communities due to heavy rains affecting Minas Gerais.

According to a statement, the circulation of trains on the Vitória-Minas Railroad (EFVM) was affected.

Despite the stoppage, Vale has maintained its production target of 320 million to 335 million tons of iron ore by 2022.

According to the company, in the Southeast System, the EFVM was paralyzed on the Rio Piracicaba-João Monlevade stretch, preventing material flow from . . .

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