Brazilian miner Vale plans to invest in nickel and copper capacity expansions and mineral resource replenishment in the coming years, the company disclosed in a presentation to analysts and investors on Wednesday September 16.
At its nickel operations in Canada, the mining company expects to start a project in 2021 to bring 45,000-55,000 tonnes per year (tpy) of new capacity online in an effort to minimize the effects of mineral resource depletion.The company also is targeting starting a project - still pending approval - in 2023 at its On??a Puma unit in Brazil that...