Production has been stopped since February, when a court decided to stop the business then another gruvdamm of the company collapsed, which led to around 300 people died.
Brucutu in the state of Minas Gerais accounts for about eight per cent of the Vales planned annual production of iron ore, and the announcement got the stock price to take a leap upwards at 2.8 per cent.
Vale has, however, received negative confirmation in a week, then another court order meant that two other dams were stopped. On the other hand, a further decision meant that the company can resume the freight business at the exportterminalen in the port of Mangaratiba.
Read more: Vales ceo resigns after accident
