The hottest vale restart carbonoughdown

2022-08-24
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Vale restarts the production of metallurgical coal in carbonough downs

vale restarts the production of metallurgical coal in carbonough downs

China Construction machinery information

Guide: vale, a global mining giant and Brazilian iron ore producer, said on Monday that it had restarted the production of metallurgical coal mines in the Bowen basin in Queensland, Australia. It is understood that Vale once

vale, a global mining giant and Brazilian iron ore producer, opened on Monday. "Zhai Guangjing, executive vice president of Anhui Plastics Association, said that it had restarted the production of the metallurgical and coal mining business of the Bowen basin in Queensland, Australia

it is understood that Vale suspended coal production in the region on May 31 this year. Because abnormal levels of carbon monoxide were detected in the mine, the Queensland Government mine inspection department also issued an order to remove staff from the mine. It is reported that during this process, no employees were affected and no damage was caused to the environment. Vale said in a statement released to the public that since the withdrawal of staff on May 29, it is estimated that the production of about 7700 metric tons of finished coal has been affected. According to the data, in the first quarter of 2012, the metallurgical coal produced by gaborough downs reached 325000 metric tons. In the second quarter of 2012, the metallurgical coal output of carbonough downs reached 82000 tons. These coals are mainly used for smelting steel

vale said: "gaborough downs can now resume production safely. With the remaining issues and some factors resolved, its production will gradually return to normal."

in the past five years, iron ore has been a cash cow for the tensile properties of the mining sector. However, with the decline of iron ore prices, the profitability of global mining giants such as vale, Rio Tinto and BHP Billiton is being significantly affected. In the view of experts, the import price of iron ore is expected to continue to decline after falling to the lowest level in nearly three years. Vale said in its second quarter financial report that some of its iron ore and logistics projects are facing the risk of delays and increased capital expenditure. Vale's second quarter financial report showed that due to the decline in the prices of iron ore and nickel ore, its net profit fell by nearly 60% year-on-year to US $2.66 billion, down 30.4% month on month. As a result, the specimen breaks in the vertical or horizontal direction Operating revenue fell 21% year-on-year to US $12.2 billion, but increased by 7.2% month on month. EBITDA was US $5.12 billion, a year-on-year decrease of 43.6%

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