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Brazil's Vale to spend US$400mn on dams

Brazilian miner Vale expects to spend US$400 million in 2022 to decommission its tailings dams, aiming to have 12 of its 30 structures eliminated by the end of the year.

Brazil's Vale to spend US$400mn on dams Brazil's Vale to spend US$400mn on dams Brazil's Vale to spend US$400mn on dams Brazil's Vale to spend US$400mn on dams Brazil's Vale to spend US$400mn on dams

Vale to decommission dams

The dam elimination program, which began four years ago, has already cost the company $857 million of the $4 billion it projects to spend by 2035 in an effort to eliminate existing structures that