FMG 2.21% $16.66 fortescue ltd

Iron ore price, page-11191

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    Imminent risk of rupture at a Vale dam.... This occurred Friday night Brazil time so fairly recent.

    https://www.defatoonline.com.br/em-...-da-barragem-sul-superior-em-barao-de-cocais/

    In an official note, Vale admits "critical condition" of the Upper South Dam, in Barão de Cocais
    Civil Defense of Minas Gerais confirms situation of imminent risk of rupture of the structure

    In a statement released Friday night on its official website, Vale informs that it initiated the protocol for the start of level 3 of the Emergency Plan of Mining Dams (PAEBM) for the South Upper Dam of the Gongo Soco mine, in Barão de Cocais, as "preventive measure".

    According to the company, raising the risk level from 2 to 3 is necessary in view of the fact that the independent auditor has informed the "critical condition of stability of the dam." "With level 3, the warning siren that covers the Self-rescue Zone (ZAS) was activated as a reinforcement of the preventive measure, since the evacuation of the area near the dam was carried out on February 8," the statement said.
 
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