The company is awaiting authorization for vegetal suppression from IBAMA, to develop the mine.
Vale said in a statement: "This license supports the production plan for 2015 and 2016 in the Carajás mining complex and is a major step in our iron ore production growth process."
Vale said it will work with IBAMA, ICMBio for licensing process of N5S mine pit in the Northern System in Carajás.
The company earlier said that it will expand its iron-ore output to around 450 million tons by 2018, reported Bloomberg.
In Carajas, the company is developing the S11D Serra Sul mine and logistics venture, which is said to be the largest-of-its-kind.
Image: Carajás open pit mine in the state of Para. Photo: courtesy of NASA Earth Observatory/Wiki.
