Brazilian Judge Lifts Ban On Vale's $4B Rail Expansion

Law360, New York (September 17, 2012, 7:29 PM EDT) -- A Brazilian federal judge on Friday reinstated environmental licenses for the railroad portion of mining giant Vale SA's $4 billion transport infrastructure expansion and stayed an injunction that had shut down work on the project for more than a month.

“[It is] evident that the work stoppage may potentially be more harmful to the environment and the community in general, than it would be to allow the project to continue," Judge Mario Cesar Ribeiro said in a translated statement from the First Regional Federal Court of...
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