News
27 November 2019

Vale faces $1.6 billion charge for Q4 in New Caledonia write down

In:
Metals and Mining
Region:
Americas

Nickel producer Vale is to write down its New Caledonia mine and suffer a non-cash impairment charge of about $1.6 billion in the fourth quarter. Vale has also announced that its annual base metals and coal assets review is still underway and further impairment charges in 2019 cannot be ruled out....

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
20 January 2026

Dealmakers: Nabil Jijakli, Credendo

TXF spoke with Nabil Jijakli, group deputy CEO at Credendo, to outline the activity of the Belgian ECA, from the rollout of its latest product offering for small-ticket deals...

Perspective
23 January 2026

Exile Group partners with Bridgepoint to support next level...

Exile Group welcomes Bridgepoint, a leading mid-market investor, which will take a minority interest in the leading provider of events and intelligence for the export, trade,...