Exclusive: Vale's mining dams are still a risk, company must do more, Brazil prosecutor says [Reuters]
The Dixie Group, Inc. (DXYN)
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Source: Reuters
Exclusive: Vale's mining dams are still a risk, company must do more, Brazil prosecutor says By Sabrina Valle , Luciano Costa 5 Min Read RIO DE JANEIRO/SAO PAULO (Reuters) - Despite two major deadly mining disasters since 2015, Brazilian iron ore miner Vale SA VALE3.SA has not complied with a number of commitments signed with authorities to prevent a third disaster, federal prosecutor Edison Vitorelli told Reuters. Twenty-nine dams that Vale uses to store mining waste still present elevated safety risks, according to Vitorelli, who forms part of a task-force of about two dozen federal and state prosecutors who pressed charges against the company after the most recent disaster which killed 270 people in January 2019. Some of the mines linked to the dams that Vitorelli’s team regard as unsafe are vital to Vale’s plans to recover lost iron ore production and grow capacity to 450 million tonnes per year, a level that would make it once again the world’s largest producer of the stee
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DXYN
News
- The Dixie Group, Inc. (NASDAQ: DXYN) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- The Dixie Group, Inc. (NASDAQ: DXYN) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Dixie Group Full Year 2023 Earnings: US$0.13 loss per share (vs US$2.21 loss in FY 2022) [Yahoo! Finance]Yahoo! Finance
- The Dixie Group, Inc. (NASDAQ:DXYN) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- The Dixie Group Reports Financial Results for 2023 [Yahoo! Finance]Yahoo! Finance
DXYN
Sec Filings
- 3/28/24 - Form 8-K
- 3/22/24 - Form DEF
- 3/20/24 - Form 10-K
- DXYN's page on the SEC website