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Vale get $ 2.8 billion loans for expansion

Brasilia news, Brazilian mining company Vale get $ 2.8 billion loans from Brazil's National Development Bank  for the expansion of its biggest mine Carajás Serra Sul iron ore .
The loan will help improve Vale railway system, as well as the new one in Serra Sul iron ore mining and processing plant, annual capacity of 90 million tons. 
Last year in July, Vale SerraSul Brazilian iron ore expansion project has received a license issued by the Environmental Protection Agency, the project is expected to put into operation in 2016, reaching full capacity in 2018. The ore will be used to automate the production of conveyor belts, ans it will become the world's first truck fewer mines.
FAG HCS71916C.T.P4S.UL| FAG HCS71913E.T.P4S.UL | FAG HCS71914C.T.P4S.UL | FAG HCS71912E.T.P4S.UL | FAG HCS71911E.T.P4S.UL | FAG HCS7010C.T.P4S.UL | FAG HCS71906E.T.P4S.UL | FAG HCS7008C.T.P4S.UL | FAG HCS71906C.T.P4S.UL | FAG HCS71905E.T.P4S.UL
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