Vale adds to iron ore supply glut — second highest ever quarterly output
The world’s largest iron ore producer continued to flood the market despite a current oversupply that has sent prices for the commodity plummeting to historic lows.
A study by Skarn Associates shows that the Crawford nickel-cobalt sulphide project in Ontario is set to produce 2.05 tonnes of CO2 per tonne of nickel-equivalent production over its 25-year mine life.
Rio said the landslip had been expected based on geo-technical monitoring at the mine, and all personnel had been removed from the area in advance to ensure safety.