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Brazilian Judge Closes Veil Complex Due to Coronavirus Concerns


File Photo: The headquarters of the mining company Vale SA is taken after the collapse of the tailing dam of the iron mine in Brumadinho, Brazil, on January 30, 2019 in St. Plex, Switzerland. Reuters / Denis Balibouse / File Photo

SAO PAULO / RIO DE JANEIRO (Reuters)-Brazilian judge has ordered the closure of a series of mines operated by the mining company Vale SA due to concerns about coronavirus, a labor prosecutor said on Friday 10% of the company’s iron ore Putting it above development may output offline and send jitter through the global iron ore market.

Prosecutors alleged that workers were at risk at a mining facility known as Itabira in Minas Gerais after 188 were positive for coronaviruses.

Bale did not comment on the decision, but in his statement he defended efforts to limit the spread of the virus through extensive testing and other means.

The court had previously ordered the Itabira complex to be closed in late May, but its decision was immediately dismissed.

“The company is increasing support for some municipalities through testing, as is the case for Itabira. In Itabira, a drive-through test system will soon be introduced and funded by the veil,” the company said. It was

According to Vale, the Itabira Complex produced about 36 million tonnes of iron ore in 2019, and the company as a whole produced about 302 million tonnes.

Iron ore futures prices have been severely affected in recent weeks, fearing that the coronavirus could spread to the interior of Brazil where metals are commonly mined.

Report by Luciano Costa and Grams Slattery. Edited by Christian Plumb and Aurora Ellis


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