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Brazil’s Vale gets green light for largest ever iron ore mining project

Monday, July 2nd 2012 - 05:28 UTC
Full article 3 comments

The world's number two mining company, Brazil’s Vale Doce said it received an environmental license to build its biggest-ever iron ore mine, an Amazon region project that holds about one trillion dollars of reserves at current prices. Read full article

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  • GeoffWard2

    It will be interesting to compare the level of 'indigenous action' pitched at ore mines in Brasilian Amazonia compared to hydroelectric schemes.

    Jul 02nd, 2012 - 10:52 am - Link - Report abuse 0
  • hammerhead993

    @1 So you're not a fan of how indigenous people within Brazil's borders react to development projects? Or, did I misinterpret your post?

    Jul 02nd, 2012 - 04:45 pm - Link - Report abuse 0
  • GeoffWard2

    #2. No, you do have it wrong.

    The question was one of comparability.
    The local populations may prefer big holes to big dams.
    Even the price they extract from the Brasilian Federal and State governments and the corporations may be massively different, and the extent of the battle over the societies and the environment.

    It will be interesting to see which of these two nationally important schemes - Xingo dam and the Vale ore extraction - is most despised. programme.

    Jul 02nd, 2012 - 10:29 pm - Link - Report abuse 0

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