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    Vale to close manganese ferroalloys operations in Bahia

    2020-09-15 08:51:41   [Print]
    Brazilian miner Vale S.Asian Metal Copyright The company expects to conclude the shutdown by the end of the year.Asian Metal CopyrightA.Asian Metal CopyrightA.Asian Metal Copyright said on Monday it will end production of manganese ferroalloys in the city of Simoes Filho, in Bahia state, the company said in a filing on Monday.

    The company expects to conclude the shutdown by the end of the year. Vale said that over the past 10 years it had exhausted options to keep the operation competitive.Asian Metal CopyrightBrazilian miner Vale S.Asian Metal Copyright The miner is considering a buyout program for its employees.

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