{"id":91905,"date":"2024-11-20T21:07:53","date_gmt":"2024-11-21T00:07:53","guid":{"rendered":"https:\/\/murray.adv.br\/?p=91905"},"modified":"2024-11-20T21:07:55","modified_gmt":"2024-11-21T00:07:55","slug":"vale-government-discuss-future-of-carajas-and-vitoria-minas-railways","status":"publish","type":"post","link":"https:\/\/murray.adv.br\/en\/vale-government-discuss-future-of-carajas-and-vitoria-minas-railways\/","title":{"rendered":"Vale, government discuss future of Caraj\u00e1s and Vit\u00f3ria-Minas railways"},"content":{"rendered":"\n
Meeting with the mining company\u2019s leadership allowed federal government to explore Vale\u2019s interest in other railway projects<\/strong><\/em><\/h6>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n\n\n\n

11\/20\/2024 <\/p>\n\n\n\n

\n\n\n\n

Brazil\u2019s Transportation Minister Renan Filho met with executives from Vale on Tuesday (19) to advance negotiations over the revised terms of the renewed contracts for the Caraj\u00e1s (EFC) and Vit\u00f3ria-Minas (EFVM) railways. The two-hour meeting included Daniel Andr\u00e9 Stieler, Vale\u2019s chairman.<\/p>\n\n\n\n

According to sources, the meeting also served as an opportunity for the federal government to gauge Vale\u2019s interest in other strategic railway projects.<\/p>\n\n\n\n

Discussions on revising the concession fees for the railways have been contentious at times. Mr. Renan Filho previously threatened legal action to hold executives and public officials accountable for the original contract renewals, which he claims were unfavorable to the federal government.<\/p>\n\n\n\n

At this stage, the minister is pushing for Vale to commit R$15 billion in investments, though the final amount has not been settled and may be spread over several years. This figure is already significantly lower than the R$27 billion initially demanded by the government earlier this year.<\/p>\n\n\n\n

The Ministry of Transportation is under pressure from the economic team to finalize negotiations with Vale to secure revenue for federal coffers. Renan Filho\u2019s aides have emphasized that the funds would be allocated to future investments, enabling the construction of new railways in Brazil.<\/p>\n\n\n\n

Notably absent from the meeting was Vale CEO Gustavo Pimenta, who took over the company recently<\/a>. However, the meeting was attended by F\u00e1bio Ferraz, Vale\u2019s business director, and Marcelo Sampaio, the company\u2019s regulatory affairs director. Mr. Sampaio previously served as executive secretary of the Ministry of Infrastructure and briefly led the ministry under the previous administration.<\/p>\n\n\n\n

Representing the federal government were Dario Durigan, executive secretary of the Ministry of Finance, and George Santoro, executive secretary of the Ministry of Transportation.<\/p>\n\n\n\n

Another topic reportedly discussed during the meeting was Section 1 of the Oeste Leste (West-East) Railway (Fiol 1), connecting Ilh\u00e9us and Caetit\u00e9 in Bahia. Vale has been linked to speculation about acquiring Bahia Minera\u00e7\u00e3o S.A. (Bamin), the company holding the Fiol 1 subconcession, which is struggling financially. Rumors suggest the government has pressured Vale to take over its competitor\u2019s operations.<\/p>\n\n\n\n

Since taking office, Renan Filho has focused on raising funds to expand Brazil\u2019s railway network by renegotiating concession fees established during the Bolsonaro administration. In addition to Vale\u2019s railways, the government is also seeking higher concession fees from Rumo (Malha Oeste) and MRS Log\u00edstica (Malha Sudeste).<\/p>\n\n\n\n

Government estimates initially suggested that R$30 billion could be raised for railway expansion, though recent projections have been revised to a more conservative R$20 billion.<\/p>\n\n\n\n

When asked for comment, Vale stated it is in \u201cadvanced discussions with the Ministry of Transportation regarding general terms for optimizing the investment plans for the EFC and EFVM concession contracts, which are currently being executed in accordance with the terms established and disclosed to the market in December 2020.\u201d<\/p>\n\n\n\n

Bamin declined to comment on speculation regarding potential talks with Vale.<\/p>\n\n\n\n

By Rafael Bitencourt \u2014 Bras\u00edlia<\/p>\n\n\n\n

Source: Valor International<\/p>\n\n\n\n

\nhttps:\/\/valorinternational.globo.com\/\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"

Meeting with the mining company\u2019s leadership allowed federal government to explore Vale\u2019s interest in other railway projects 11\/20\/2024 Brazil\u2019s Transportation Minister Renan Filho met with executives from Vale on Tuesday (19) to advance negotiations over the revised terms of the renewed contracts for the Caraj\u00e1s (EFC) and Vit\u00f3ria-Minas (EFVM) railways. The two-hour meeting included Daniel […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8106],"tags":[25649,8362],"class_list":["post-91905","post","type-post","status-publish","format-standard","hentry","category-murray-news","tag-future-of-carajas-and-vitoria-minas-railways","tag-vale"],"yoast_head":"\nVale, government discuss future of Caraj\u00e1s and Vit\u00f3ria-Minas railways - Murray Advogados<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/murray.adv.br\/en\/vale-government-discuss-future-of-carajas-and-vitoria-minas-railways\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vale, government discuss future of Caraj\u00e1s and Vit\u00f3ria-Minas railways - Murray Advogados\" \/>\n<meta property=\"og:description\" content=\"Meeting with the mining company\u2019s leadership allowed federal government to explore Vale\u2019s interest in other railway projects 11\/20\/2024 Brazil\u2019s Transportation Minister Renan Filho met with executives from Vale on Tuesday (19) to advance negotiations over the revised terms of the renewed contracts for the Caraj\u00e1s (EFC) and Vit\u00f3ria-Minas (EFVM) railways. The two-hour meeting included Daniel […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/murray.adv.br\/en\/vale-government-discuss-future-of-carajas-and-vitoria-minas-railways\/\" \/>\n<meta property=\"og:site_name\" content=\"Murray Advogados\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-21T00:07:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-21T00:07:55+00:00\" \/>\n<meta name=\"author\" content=\"Gelcy Bueno\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gelcy Bueno\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/murray.adv.br\/en\/vale-government-discuss-future-of-carajas-and-vitoria-minas-railways\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/murray.adv.br\/en\/vale-government-discuss-future-of-carajas-and-vitoria-minas-railways\/\"},\"author\":{\"name\":\"Gelcy Bueno\",\"@id\":\"https:\/\/murray.adv.br\/en\/#\/schema\/person\/dd0d0bea46c2436124555d18c1a0d52e\"},\"headline\":\"Vale, government discuss future of Caraj\u00e1s and Vit\u00f3ria-Minas railways\",\"datePublished\":\"2024-11-21T00:07:53+00:00\",\"dateModified\":\"2024-11-21T00:07:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/murray.adv.br\/en\/vale-government-discuss-future-of-carajas-and-vitoria-minas-railways\/\"},\"wordCount\":524,\"keywords\":[\"future of Caraj\u00e1s and Vit\u00f3ria-Minas railways\",\"Vale\"],\"articleSection\":[\"Murray News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/murray.adv.br\/en\/vale-government-discuss-future-of-carajas-and-vitoria-minas-railways\/\",\"url\":\"https:\/\/murray.adv.br\/en\/vale-government-discuss-future-of-carajas-and-vitoria-minas-railways\/\",\"name\":\"Vale, government discuss future of Caraj\u00e1s and Vit\u00f3ria-Minas railways - Murray Advogados\",\"isPartOf\":{\"@id\":\"https:\/\/murray.adv.br\/en\/#website\"},\"datePublished\":\"2024-11-21T00:07:53+00:00\",\"dateModified\":\"2024-11-21T00:07:55+00:00\",\"author\":{\"@id\":\"https:\/\/murray.adv.br\/en\/#\/schema\/person\/dd0d0bea46c2436124555d18c1a0d52e\"},\"breadcrumb\":{\"@id\":\"https:\/\/murray.adv.br\/en\/vale-government-discuss-future-of-carajas-and-vitoria-minas-railways\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/murray.adv.br\/en\/vale-government-discuss-future-of-carajas-and-vitoria-minas-railways\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/murray.adv.br\/en\/vale-government-discuss-future-of-carajas-and-vitoria-minas-railways\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"In\u00edcio\",\"item\":\"https:\/\/murray.adv.br\/en\/home\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Vale, government discuss future of Caraj\u00e1s and Vit\u00f3ria-Minas railways\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/murray.adv.br\/en\/#website\",\"url\":\"https:\/\/murray.adv.br\/en\/\",\"name\":\"Murray Advogados\",\"description\":\"PLG International Lawyers\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/murray.adv.br\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/murray.adv.br\/en\/#\/schema\/person\/dd0d0bea46c2436124555d18c1a0d52e\",\"name\":\"Gelcy Bueno\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/murray.adv.br\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1ef2acfe966d6deacdeccd2a24ea89192c41fd05fc60e57b79021358a47f5641?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1ef2acfe966d6deacdeccd2a24ea89192c41fd05fc60e57b79021358a47f5641?s=96&d=mm&r=g\",\"caption\":\"Gelcy Bueno\"},\"url\":\"https:\/\/murray.adv.br\/en\/author\/news\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Vale, government discuss future of Caraj\u00e1s and Vit\u00f3ria-Minas railways - Murray Advogados","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/murray.adv.br\/en\/vale-government-discuss-future-of-carajas-and-vitoria-minas-railways\/","og_locale":"en_US","og_type":"article","og_title":"Vale, government discuss future of Caraj\u00e1s and Vit\u00f3ria-Minas railways - Murray Advogados","og_description":"Meeting with the mining company\u2019s leadership allowed federal government to explore Vale\u2019s interest in other railway projects 11\/20\/2024 Brazil\u2019s Transportation Minister Renan Filho met with executives from Vale on Tuesday (19) to advance negotiations over the revised terms of the renewed contracts for the Caraj\u00e1s (EFC) and Vit\u00f3ria-Minas (EFVM) railways. The two-hour meeting included Daniel […]","og_url":"https:\/\/murray.adv.br\/en\/vale-government-discuss-future-of-carajas-and-vitoria-minas-railways\/","og_site_name":"Murray Advogados","article_published_time":"2024-11-21T00:07:53+00:00","article_modified_time":"2024-11-21T00:07:55+00:00","author":"Gelcy Bueno","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Gelcy Bueno","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/murray.adv.br\/en\/vale-government-discuss-future-of-carajas-and-vitoria-minas-railways\/#article","isPartOf":{"@id":"https:\/\/murray.adv.br\/en\/vale-government-discuss-future-of-carajas-and-vitoria-minas-railways\/"},"author":{"name":"Gelcy Bueno","@id":"https:\/\/murray.adv.br\/en\/#\/schema\/person\/dd0d0bea46c2436124555d18c1a0d52e"},"headline":"Vale, government discuss future of Caraj\u00e1s and Vit\u00f3ria-Minas railways","datePublished":"2024-11-21T00:07:53+00:00","dateModified":"2024-11-21T00:07:55+00:00","mainEntityOfPage":{"@id":"https:\/\/murray.adv.br\/en\/vale-government-discuss-future-of-carajas-and-vitoria-minas-railways\/"},"wordCount":524,"keywords":["future of Caraj\u00e1s and Vit\u00f3ria-Minas railways","Vale"],"articleSection":["Murray News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/murray.adv.br\/en\/vale-government-discuss-future-of-carajas-and-vitoria-minas-railways\/","url":"https:\/\/murray.adv.br\/en\/vale-government-discuss-future-of-carajas-and-vitoria-minas-railways\/","name":"Vale, government discuss future of Caraj\u00e1s and Vit\u00f3ria-Minas railways - Murray Advogados","isPartOf":{"@id":"https:\/\/murray.adv.br\/en\/#website"},"datePublished":"2024-11-21T00:07:53+00:00","dateModified":"2024-11-21T00:07:55+00:00","author":{"@id":"https:\/\/murray.adv.br\/en\/#\/schema\/person\/dd0d0bea46c2436124555d18c1a0d52e"},"breadcrumb":{"@id":"https:\/\/murray.adv.br\/en\/vale-government-discuss-future-of-carajas-and-vitoria-minas-railways\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/murray.adv.br\/en\/vale-government-discuss-future-of-carajas-and-vitoria-minas-railways\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/murray.adv.br\/en\/vale-government-discuss-future-of-carajas-and-vitoria-minas-railways\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"In\u00edcio","item":"https:\/\/murray.adv.br\/en\/home\/"},{"@type":"ListItem","position":2,"name":"Vale, government discuss future of Caraj\u00e1s and Vit\u00f3ria-Minas railways"}]},{"@type":"WebSite","@id":"https:\/\/murray.adv.br\/en\/#website","url":"https:\/\/murray.adv.br\/en\/","name":"Murray Advogados","description":"PLG International Lawyers","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/murray.adv.br\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/murray.adv.br\/en\/#\/schema\/person\/dd0d0bea46c2436124555d18c1a0d52e","name":"Gelcy Bueno","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/murray.adv.br\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/1ef2acfe966d6deacdeccd2a24ea89192c41fd05fc60e57b79021358a47f5641?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1ef2acfe966d6deacdeccd2a24ea89192c41fd05fc60e57b79021358a47f5641?s=96&d=mm&r=g","caption":"Gelcy Bueno"},"url":"https:\/\/murray.adv.br\/en\/author\/news\/"}]}},"_links":{"self":[{"href":"https:\/\/murray.adv.br\/en\/wp-json\/wp\/v2\/posts\/91905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/murray.adv.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/murray.adv.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/murray.adv.br\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/murray.adv.br\/en\/wp-json\/wp\/v2\/comments?post=91905"}],"version-history":[{"count":1,"href":"https:\/\/murray.adv.br\/en\/wp-json\/wp\/v2\/posts\/91905\/revisions"}],"predecessor-version":[{"id":91906,"href":"https:\/\/murray.adv.br\/en\/wp-json\/wp\/v2\/posts\/91905\/revisions\/91906"}],"wp:attachment":[{"href":"https:\/\/murray.adv.br\/en\/wp-json\/wp\/v2\/media?parent=91905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/murray.adv.br\/en\/wp-json\/wp\/v2\/categories?post=91905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/murray.adv.br\/en\/wp-json\/wp\/v2\/tags?post=91905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}