In last deal, Glasenberg bets on coal’s long, lucrative twilight

Vale will be on the hook for about $7.2 billion should Brazil’s government fine the company 20% of annual revenue.

The mine is slated to produce 120,000 tonnes of high-grade copper annually.

The 2,932-hectare project encompasses a full salar.

The company foresees strong long-term demand for lithium but offered a short-term prognosis clouded by the entry of new projects into the market and slowing growth of demand.

Ratification of the deal is expected to deliver major investment and job opportunities for Australia’s mining industry.

Barrick forecasts over $7 billion in pre-tax savings over 20 years, based on net present value — $4.7 billion of which will come from Nevada.

Vandita Pant will assume the role of chief commercial officer on July 1, taking over from 25-year veteran Arnoud Balhuize.

The company and its workers are under investigation for criminal responsibility for "qualified homicides."

The PEA calls for an open pit mine that will produce both uranium and vanadium for 13 years