Vale confirms Glencore Xstrata talks

Nov 07, 2013 | 04:11 PM | Rey Mashayekhi

Tags  Vale, Glencore Xstrata, nickel, Sudbury Basin, Peter Poppinga, Murilo Ferreira, Rey Mashayekhi

NEW YORK — Vale SA said it is "studying potential synergies" with rival nickel producer Glencore Xstrata Plc.

The companies are discussing an integration of their mining, milling and smelting operations in northern Ontario’s Sudbury Basin, Rio de Janeiro-based Vale said in its third-quarter earnings call Nov.....

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