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Vale Eliezer Batista S11D Complex mine
Eliezer Batista S11D Complex
Photo: Vale

Vale to open world's largest mining project January

Bulk:

Brazilian miner Vale inaugurated the largest project ever in the mining industry over the weekend. The mine, Eliezer Batista, represents combined investments of more than USD 14 billion and is expected to commence operations in January 2017.


BY DANIEL LOGAN BERG-MUNCH
Published 19.12.16 at 08:43

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Most read Bulk

Carriers have ordered more tankers and bulkers this year

EagleBulk.jpg Bulk:

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Bulk:

The UK Serious Fraud Office is looking into a suspicious payment made by miner Rio Tinto to a consultant back in 2011, reports the Financial Times.

Oldendorff Carriers remains in the black in 2014 and 2015

Bulk:

ShippingWatch interviews chairman Henning Oldendorff on how one of the world´s largest drybulk operators avoids deficits operating in an industry where even solid competitors are struggling.

BBC Chartering: The project cargo market collapsed

Bulk:

It looked like a huge boom for project and heavy lift vessels in the first half of 2015 but the freight volumes trickled right out of the market, says Svend Andersen, CEO of BBC Chartering, the world's largest operator in the segment.

Police raid Stellar Daisy carrier in wreck investigation

Bulk:

Police in South Korea have raided Polaris Shipping's offices in Seoul and Busan. Investigators are hoping to find new information concerning the cause of the tragic accident in April in which the carrier's vessel, Stellar Daisy, sank in the South Atlantic.

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Bulk:

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Attorney General: Lars Møller acted in his own interest

lars-moller (1).jpg Services:

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Carriers:

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Seadrill prepares investors for considerable losses

Offshore:

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Subsea 7 projects rise in orders in first half of 2018

Offshore:

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Singapore's high court declares Ezra company bankrupt

Offshore:

Yet another company under Singapore's once-booming offshore company Ezra has collapsed. Subsidiary Lewek Champion, with the offshore vessel of the same name, has been declared bankrupt by Singapore's high court.

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Offshore:

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