Vale receives new environmental license

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This new license will allow Vale (BOV:VALE5) to operate a rail terminal of Ponta da Madeira
Valle (BOV:VALE5) reported on Monday that it had received an environmental license for operation (LO) of Ponta da Madeira rail terminal, in Maranhão, which was issued by the State Department of Environment.
According to the statement, the terminal is part of CLN 150, created to allow the Carajás logistics capacity expansion to 150 million metric tons annually.
The LO allows the operation of all new structures built  an access line to wagon dumpers and administrative buildings.

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