Vale S.A. Ensures Dam Stability Amidst Inspections
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Vale S.A. Ensures Dam Stability Amidst Inspections

Vale SA (VALE) has released an update.

Vale S.A. has reported the ongoing evaluation of the Forquilha III dam at its Fábrica mine after routine inspections revealed superficial cracks. The company assures that the dam’s stability is intact, emphasizing its continuous monitoring and the evacuation of the Self-Rescue Zone. Vale is committed to the dam’s decharacterization and emergency level reduction efforts.

For further insights into VALE stock, check out TipRanks’ Stock Analysis page.

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