Vale’s Tubarão Port Closed amid Environmental Concerns
- Business & Finance
Brazilian mining giant Vale has received a notification from the local court on the suspension of activities at its Port of Tubarão amid environmental concerns.
The order, described as a “temporary suspension of activities”, relates to Vale and ArcelorMittal Brazil’s operations at the port’s ore and coal terminals, paralyzing Vale’s export and import.
The ruling comes on the back of a police investigation into the matter that found air and water pollution in the surrounding areas of Vale’s coal and iron docks.
According to Vale, the decision is causing major impact on the state economy. However, the company said it would take all appropriate legal measures to ensure the re-establishment of its activities.
The company also stressed that it has been investing in its environmental control systems and working hard to attain strict compliance with environmental regulations.
Based on the court decision, the port will remain closed until the environmental issues are resolved.
The announcement comes following the deadly collapse of a dam in Brazil, run by a join venture between Vale and BHP Billiton, that was dubbed as one of the biggest environmental disasters in the country’s history.
World Maritime News Staff