Brazil's Vale to resume operations at Onca Puma nickel mine

By Kitco News / October 28, 2021 / www.kitco.com / Article Link

SAO PAULO, Oct 28 (Reuters) - Brazilian miner Vale SA will resume operations at its Onca Puma nickel mine,it said on Thursday, after obtaining a federal court orderlifting an injunction that had suspended an operating licence.


Operations at Onca Puma were first halted in early Octoberbecause of alleged non-compliance with local regulations.


A judge granted Vale an injunction on Oct. 7 allowing it toresume activities, but that decision was subsequently overturnedby a higher state court on Oct. 18. The mine's activities hadbeen suspended since then.

(Reporting by Gabriel AraujoEditing by David Goodman)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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