Brazilian town fines Vale, closes port terminal in Rio de Janeiro state

FILE PHOTO: The logo of Vale SA is pictured in Rio de Janeiro, Brazil, August 7, 2017. REUTERS/Ricardo Moraes/File Photo

SAO PAULO (Reuters) - The town of Mangaratiba, in Brazil's Rio de Janeiro state, fined miner Vale SA and closed its iron ore port terminal on Monday, citing pollution problems and the alleged lack of an operating license.

The city's environment department fined Vale for 30 million reais (£5.9 million) and closed the Ilha da Guaiba terminal for the second time this year. In a statement, Mayor Alan Costa said Vale needs to "comply with environment laws."