Vale eyes 500,000T/year copper production

Oct 03, 2013 | 12:00 PM | Mark Burton

Tags  Vale, copper output, Salobo mine, Sossego mine, Mark Burton

LONDON — Vale SA will focus on keeping copper output above 500,000 tonnes per year for the next 10 years following dramatic growth in Brazil over the past decade, the company’s business development director said Oct. 3.

Vale had no copper production assets in Brazil a decade ago, but after buying out joint-venture partners in the Salobo and Sossego projects and bringing both mines into production, the company’s total copper output has grown to more than 500,000 tonnes per year, Paulo Araujo told delegates at the inaugural Copper Concentrates Conference in London hosted....

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