Vale targeting 260,000T nickel output in ’13
Dec 03, 2012 | 04:23 PM
| Thorsten Schier
Tags
Vale,
capital expenditures,
nickel,
Onca Puma,
Totten,
Sudbury,
thorsten schier
NEW YORK — Brazilian miner Vale SA expects to produce 260,000 tonnes of nickel in 2013 as it plans to spend $3.78 billion on its base metals operations during the year.
Of the $2.05 billion the company has earmarked for project execution in the base metals division, $1.22 billion will go toward the construction of its 50,000-tonne-per-year Long Harbour nickel processing plant in Newfoundland and Labrador, while the company will invest....
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