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UPDATE 2-Vale iron ore terminal in Rio de Janeiro state reopens after shutdown

Rodrigo Viga Gaier and Marta Nogueira
·1 min read

(Recasts with reopening)

By Rodrigo Viga Gaier and Marta Nogueira

RIO DE JANEIRO, April 22 (Reuters) - Vale's iron ore terminal in Mangaratiba in the state of Rio de Janeiro was reopened on Thursday, the Brazilian miner and a state environmental agency said, after a shutdown due to confusion over environmental permits.

Neither the miner nor the agency specified what had prompted the reopening of the Ilha de Guaiba facility.

The terminal, which exports as much as 40 million tonnes of iron ore a year, was shut down because it had been operating without a required permit, the mayor's office in Mangaratiba said in a statement earlier on Thursday.

It was not clear when the facility was shut down.

Vale confirmed the reopening of the terminal in a filing. In a separate statement earlier on Thursday, the miner said it had all required permits to operate the terminal.

XP analysts said in a note to clients that the terminal exported 23.7 million tonnes of iron ore last year.

"We estimate that shipment delays are in the order of 70 thousand tonnes per day of stoppage," the note said. (Reporting by Rodrigo Viga Gaier in Rio; writing by Carolina Mandl; Editing by David Goodman, Jason Neely and Paul Simao)