Magna Mining signs offtake deal with Vale for Crean Hill project
Under the agreement, initial production from Crean Hill would be shipped to Vale's Clarabelle mill in Sudbury for processing.
Under the agreement, initial production from Crean Hill would be shipped to Vale's Clarabelle mill in Sudbury for processing.
Vale said it will negotiate an award for up to $282.9 million for the project.
"We are very strong on nickel fundamentals," chief sustainability and corporate affairs officer Emily Olson told the CERAWeek energy conference.
The legal action in the Netherlands is being pursued by 77,000 claimants represented by law firms Pogust Goodhead and Lemstra Van der Korst.
PT Vale Indonesia is exploring a potential investment in a high-pressure acid leaching plant in Sulawesi island.
Last week, Vale extended the term of its CEO Eduardo Bartolomeo until the end of the year.
Eduardo Bartolomeo will retain his job through December.
Fábio Schvartsman claims no connection to dam breach.
Brazil's government was reported by local media as trying to interfere in Vale's succession.
Its production growth is higher than that in the October-December quarter.
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