SAO PAULO, Sept 4 (Reuters) - Brazilian miner Vale
said on Thursday it will invest 67 billion reais
($12.36 billion) in its mining operations in Minas Gerais state
by 2030, as it held a ceremony to mark the reopening of a key
mine in the city of Ouro Preto.
Most of the investments will be focused on solutions to
expand filtering and dry sacking of iron ore tailings, Vale said
in a statement, as it seeks to reduce the use of dams in its
local operations to 20% from 30%.
The miner on Thursday reopened its Capanema iron ore mine,
which had been inactive for 22 years and will now operate
without using water in processing, generating no tailings and
removing the need for dams.