IRON-ORE
A Brazilian court has issued an injunction ceasing operations at several tailings dams owned by mining firm Vale, the iron-ore giant said on Monday, which will hit production at a major mine.
The injunction, issued in response to a motion by prosecutors in the state of Minas Gerais, requires the firm to paralyse operations at 13 dams. As a result, the company said, production at its major Brucutu mine will take longer than expected to come back on line.
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