Vale Base Metals reviews nickel assets in Manitoba, possibly leading to the sale of key operations.
Vale Base Metals, a subsidiary of Brazilian mining firm Vale SA, is conducting a strategic review of its nickel assets in Thompson, Manitoba. This could lead to the possible sale of two mines, a mill, and exploration sites. The review aims to enhance Vale's focus on copper growth in Brazil while optimizing its nickel portfolio. The company produced about 10,500 metric tons of nickel recently and plans to complete the review by mid-2025.
2 months ago
11 Articles
Articles
You have 8 free stories remaining this month. Subscribe anytime for unlimited access.