From the translated article below, it looks like operations in Serra Leste were suspended for about 4 months, from March, taking approximately 2 million tonnes of Fe 64% iron ore production off the table for Vale. It also took about US$600K in royalties out of the coffers of the Municipality of Curionopolis, as well as the associated decrease in spending in the town, causing a major hole in the city hall's US$5 million annual budget.
With 11,500 of the Curionopolis population of 17,900 living in poverty or extreme poverty, no wonder they want the mine operational again. It's all about livelihoods to them.
But at the same time- starting up the shifts is going to be difficult with so many sick people in the population- and it will continue the spread.
What a dilemma!
https://www.zedudu.com.br/na-contramao-do-para-curionopolis-encolhe-16/
Serra Pelada- the naked mountain- is an historic gold mining site 5ks from Vale's Serra Leste.
Iron ore price, page-22867
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