Brazil’s Mining Giant CVRD to Use Biofuel in Its Trains

A locomotive from the Vale do Rio Doce company The president of Petrobras Distribuidora (BR), Graça Foster, and the logistics executive director at mining company Vale do Rio Doce, Eduardo Bartolomeu, signed this Thursday, May 17, a contract for the supply of B20, a mixture of 20% biodiesel and 80% common diesel to the mining company.

The fuel will be used in the locomotives that operate on the Carajás Railway and on the Railway connecting Vitória (in Espí­rito Santo) to Minas Gerais, both in southeastern Brazil.

The contract will make Vale one of the main consumers of biodiesel in the world. Vale is the largest logistics service provider in Brazil and the largest producer and exporter of iron ore in the world.

Currently, Vale is present in 13 Brazilian states, has business in countries on four continents and offices in New York, Brussels, Johannesburg, Tokyo and Shanghai. The company is the largest private company in Latin America. Brazil is working to provide incentives to the use of cleaner fuels, like biodiesel.

CVRD announced in January a US$ 6.334 billion investment budget for 2007. According to the mining company, the budget includes the highest amount ever spent in organic growth in the history of the company, as well as investments on Inco, a Canadian mining company acquired by Vale last year.

Total investments in 2006 were higher, at US$ 26 billion, but that was due to the purchases made by Vale. The company paid US$ 19 billion for Inco, US$ 2.4 billion for Caemi, US$ 47 million for Rio Verde Mineração, and US$ 27.5 million to own all shares of Valesul. Purchases not included, US$ 4.5 million were effectively invested last year, that is, US$ 1.8 million less than the value forecasted for this year.

The company plans on spending US$ 1.698 billion to maintain its existing operations, US$ 4.230 billion in projects, and US$ 406 million in research and development.

The company will invest US$ 1.635 billion in flagship sector, which is iron minerals; US$ 811 million in the aluminum sector; US$ 720 million in logistics services; US$ 2.55 billion in non-iron minerals; US$ 209 million in coal, US$ 101 million in electric energy, US$ 114 million in the steel sector; and US$ 197 million in other sectors.

ABr

Tags:

  • Show Comments (2)

  • ravi kumar

    summer internship
    Dear Sir,

    I am pursuing B.Tech in mining from the Indian school of mines,dhanbad. My branch is MINING WITH MBA (5YR DUAL DEGREE , B TECH MBA)Currently, I am in the third year and am very much passionate about my branch. I would like to be a part of your research group for the coming summers i.e. May 2009 to August 2009.

    I have gone through your your business school onternship programmes which you offer for students from various disciplines. It will help me in developing additional resource for product development and strategic planning and operational implementation.

    I would love to enrich my knowledge by working under your supervision. I can pursue some of the courses in my university if some extra knowledge is required for the subject. I strongly believe that I can add value to your business school through my work.

    The rigorous training here at the ISM DHANBAD has strongly built my analytical and mathematical skills and management skills given me a sound base. ISM DHANBAD is a reputed institute in india and its entrance procedure is through IITJEE .Ithas a reputed faculty in mining and we are guided by experts in the field. By the end of this year , i would have completed all mining methods and the processes involved in general but to optimise the overall productivity , an internship programme is very necessary.
    Besides, I have been consistently involved with co-curricular and extra-curricular activities in the college as well as school which have developed traits like organizational and management skills, teamwork and sportsmanship.

    I have a great desire to learn and a great stamina to work hard. If given a chance to work with you, I assure you that I will come up to your expectations.

    A resume will be sent if asked for.

    Thanking you

    Yours sincerely,

    Ravi Kumar
    Student, 3rd Year,
    MINING WITH MBA (5YR DUAL DEGREE , B TECH MBA)
    contact: 9905335858
    Indian School of Mines Dhanbad
    dhanbad, Jharkhand
    826004.

  • Devendra Singh

    Summer Internship
    Dear Sir,
    I am pre-final year student of Mining Machinery Engineering at Indian School of Mines University, INDIA. I am interested in doing summer project work/internship in reputed mining or heavy machinery company.I have industrial exposure as I have completed my industrial training in Steel Authority of India Ltd, INDIA.It would be generous if you can provide me an opportunity.

    Any help in this regard will be very useful.

    Hoping for a response,

    Devendra Singh,
    Pre-Final Year (3rd year) B.Tech ,
    Mining Machinery Engineering,
    Indian School of Mines University,
    Dhanbad- 826 004,
    Jharkhand India.
    http://www.ismdhanbad.ac.in

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Export area of Cumbica Airport in São Paulo, Brazil

For All Its WTO Haggling Brazil Will Get US$ 160 Million… in Loss.

Although official estimates of developing country benefits of the current world trade talks are ...

POR AÍ

Judith Kay is fascinated with Brazil and its music. After falling in love with ...

In Europe, Brazil President Says World Needs to Shop More to Get Out of Crisis

The president of Brazil, Dilma Rousseff told reporters she did not recommend adopting harsh ...

Brazil-US Relations Worsen After Revelations of Washington Spying

The Brazilian government intends to probe telecommunications companies operating in Brazil to find out ...

Impunity Has Ended for Guilty of Corruption, Says Brazil’s Lula

In a ten-minute speech to the nation on radio and TV, president Luiz Inácio ...

Especiaria by Flávio Chamis

Flí¡vio Chamis Takes Us on a Discovery Voyage Through Brazilian Musical Lands

The mix of classical and popular occurs as a seemingly natural development in the ...

Brazil Wants to Ban Racism from Sports Fields

The Brazilian government will urge sports officials in Brazil and around the world to ...

In Brazil Beef Exports Are Up, But Prices Are Down

A study released earlier this month by the Brazilian Confederation of Agriculture (CNA) shows ...

All-Time High for Brazil Stocks Amid Lower Inflation Hopes

Latin American markets were mixed, with Brazilian stocks hitting another record high on upbeat ...

Brazil Embraer's Legacy executive jet

Czechs Get Brazil Embraer’s Legacy Jet Number 100

Brazilian aircraft company Embraer announced yesterday, March 22, the delivery of the 100th unit ...