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Vale puts stake in New Caledonian nickel unit up for sale

Cecilia Jamasmie | October 18, 2017 | 7:07 am Base Metals Latin America Iron Ore Nickel 

Brazil’s Vale (NYSE:VALE) is looking to sell a stake in its loss-making New Caledonian nickel operations as part of a wider review of low performing assets after new Chief Executive Fabio Schvartsman took charge in June. Production costs at Vale New...

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