Economy

Heavy rains lead to the interruption of operations of the Carajás Railroad

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Vale reported this Monday (7th) that heavy rains caused earth movement on the Estrada de Ferro Carajás railroad in a section near Bom Jesus das Selvas (MA), leading to the temporary suspension of train circulation.

According to the company, the incident did not generate any casualties and the affected location is undergoing evaluation. Mine and port operations continue to operate normally through inventory management, he added.

The expectation is to complete the maintenance activities of the stretch by this Wednesday, and to resume rail expedition activities, the mining company said in a statement.

Vale also said that the impact on production will be minimal and will be offset throughout the year. Production guidance for the year was maintained at between 320 and 335 million tons.

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