News
01 April 2021

Vale completes sale of New Caledonia nickel operation

In:
Metals and Mining
Region:
Asia-Pacific

Brazilian miner Vale has concluded the sale of its New Caledonia nickel mining assets to a consortium including commodity trader Trafigura, the companies said, opening the way for a production restart at the site hit by political unrest.Vale said in a filing that $1.1 billion will be invested in the...

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