Vale to open new copper-nickel mine in Ontario
The Stobie pit is the first phase of Vale's C$945 million plans to revitalize the copper complex in Sudbury.
The Stobie pit is the first phase of Vale's C$945 million plans to revitalize the copper complex in Sudbury.
The iron oxide-copper-gold project is located near Vale's Salobo operations and Ero’s Tucumã project.
Vale said 2024 copper production guidance remains at 320-355 kt.
The company reported output of 80.6 million metric tons for the steel-making ingredient in the three-month period ended in June.
Last week, consulting firm Russell Reynolds delivered a list of 15 potential successors for Eduardo Bartolomeo.
Apolo is seen as critical for reviving the company’s iron ore capacity in Minas Gerais.
The miners will equally share the cost of any damages related to proceedings in Britain over the 2015 disaster.
The dual-fuel engines made by Cummins will be retrofitted to the mining company's existing fleet of diesel-powered haul trucks.
Among those suggested for Vale's top job are the heads of big Brazilian firms, local newspaper O Globo said.
The board of the Rio de Janeiro-based miner reportedly chose Shaun Usmar to head Vale Base Metals.