Vale enacts hiring freeze, reviews operations

Sep 13, 2012 | 03:59 PM | Thorsten Schier

Tags  Vale, nickel, hiring freeze, operations review, base metals, Thorsten Schier

NEW YORK — Brazilian miner Vale SA has implemented a hiring freeze and is reviewing its base metals operations in light of recent low nickel prices.

"Our nickel operations in Canada and around the world are facing some significant short-term challenges with the drop in commodity prices," a spokeswoman for the Rio de Janeiro-based company told AMM in an....





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