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Wednesday, August 26, 2026

Mining Business - Brazil

Vale denies risk of imminent collapse of Brazil’s Xingu tailings dam, in Mariana (MG)

By · June 10, 2021 · 1 min read

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RIO DE JANEIRO, BRAZIL – Vale (VALE3) denied that the risk is imminent of a collapse of the Xingu dam, part of the Alegria mine, in the mining town of Mariana, Minas Gerais. In a brief statement, the company said there had been “no change in the conditions or safety level” of the site.

In a brief statement, the company said there had been “no change in the conditions or safety level” of the site (Photo internet reproduction)
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The mining company added that the region that could be affected by a future breach of the dam remains evacuated, after the Mariana disaster almost 6 years ago, and workers’ access to the site has been limited to the minimum necessary.

The demonstration is in response to the notice issued June 9 by the Minas Gerais Regional Labor Inspectorate, which claims there is a “serious and imminent risk of rupture by liquefaction” for the Xingu Dam.

Past venues

The tailings dam, banned by the National Mining Authority (ANM) since March 2020, has not received iron ore waste for more than 20 years, but some workers still carry out activities on the site, which triggered the action of labor inspectors.

The issue is even more sensitive considering that in November 2015, Mariana experienced the tragedy of the Fundão tailings dam breach. The incident left 19 people dead and about 500 families homeless, in addition to significant harmful environmental impacts.

Live Company IntelligenceVale SA ADR — the full investor dossierInside: live share price, market cap, three-year financials, valuation, ESG and peer benchmarks — plus the latest Rio Times coverage.
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◆ Live Company Intelligence
Vale
NYSE: VALEVALE3Basic MaterialsOther Industrial Metals & Mining65,805 employees
$64.01B
Market cap
Analyst target $16.74

Wall Street view

3.9Moderate Buy/ 5
14 Buy12 Hold0 Sell
Avg. price target $16.74  ·  +11% vs 200-day

Valuation & profitability

Market cap$64.01B
Revenue (TTM)$218.07B
P / E ratio28.9
Profit margin4.8%
Return on equity4.1%

Price & risk

52-wk low
$9.30
52-wk high
$17.44
Beta (volatility)0.75
200-day average$15.04

Revenue trend · 6y

20202025
Latest $38.23B

Ownership

Institutions20.8%
Shares outstanding4.26B
Top holderCapital World Investors
Institutional holders5+ funds

Dividend

Yield37.5%
Payout ratio2.0%
Fwd. annual$1.20
What Vale does. Vale S.A., together with its subsidiaries, produces iron ore and nickel in Brazil, Asia, the Middle East, North Africa, Europe, the Americas, and Oceania. The company operates in two segments, Iron Ore Solutions and Vale Base Metals. It extracts, produces, and distributes iron ore, iron ore pellets, briquettes, nickel, copper, other ferrous…
Data: RT fundamentals (VALE.US) · figures in USD · as of 26 Aug 2026More company intelligence →

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