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Vale restructures Brazilian nickel and copper assets

October 5, 2022October 5, 2022 Miners News

Vale said its board of directors has approved the reorganization of its base metals operations in Brazil.  The miner will transfer its copper assets in the country to Salobo Metais S.A., a subsidiary of Vale, and its nickel assets to a new company to be formed by Vale. Both copper and nickel assets will continue to be consolidated and wholly…

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Latin Americabase metals, Brazil, Vale

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