Registered Office . Vale is the world's largest producer of iron ore and pellets The rocks from Carajás mines have 67% of iron ore content – the highest on the planet Our mines occupy only 3% of the National Forest in Carajás.
We protect the remaining area (97%) in partnership with some institutes (Photo: Vale) (Photo: Vale) New Century Resources Ltd. has entered into a 60-day exclusivity period with Vale Canada Ltd. (VCL), a subsidiary of Vale S.A., to complete due diligence and negotiate the acquisition of 95% of the issued shares in Vale Nouvelle-Calédonie SAS (VNC).
Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are as essential for the working of basic functionalities of the website. Conflict over ore processing Mining 16 JUN 2020. … This is reportedly the fifth such spill in as many years. New owner for nickel mine. Vale bid to change mining code. New Century to buy New Caledonia Goro nickel mine from Vale.
Vale puts funding towards Goro discard . SUBSCRIBE NOW . We have recently upgraded our technology platform.
The current initiatives instituted by VNC to simplify the flowsheet provide strong potential to transform Goro into a sustainable long-life operation and a major global supplier of Nickel and non-DRC sourced Cobalt.”Taking a holistic approach: Improving productivity in mines and tunneling operations (Credit: Barsamuphe/Wikipedia.org)Brazilian miner Vale’s Canadian subsidiary and Australia-based New Century Resources have entered into exclusive talks regarding the sale of the former’s producing Goro nickel-cobalt mine (Goro mine) in New Caledonia.In this connection, New Century Resources has commenced a 60-day exclusivity period with Vale Canada to undertake due diligence and for negotiating the acquisition of a stake of 95% in Vale Nouvelle-Calédonie (VNC), the owner of the mine.According to the Australian firm, the financial terms of the potential deal will include a financial package for supporting the transition and continuity of Vale Nouvelle-Calédonie’s operations from The parties also intend to engage jointly with the French government to get continued financing support.The Goro project comprises a fully integrated and operational mine,Currently, Vale Nouvelle-Calédonie is implementing a simplification plan at the Goro mine with an aim to transform it into a sustainable top-10 nickel and cobalt producer in the world.The plan calls for conversion to low-impurity limonite only feed, decommissioning of the existing highly complex refinery, and transition to 100% mixed hydroxide product (MHP) to address the demand from the electric vehicle industry. A plan has already been implemented to improve Goro’s cost base that includes converting to a low-impurity limonite only feed, decommissioning a complex refinery, which has been the major source of operational disruptions, transitioning to 100% mixed hydroxide product (MHP), highly sought after by the Electric Vehicle industry, and obtaining a license for saprolite ore export.If the transaction proceeds, it would become a major nickel supplier and a non-Democratic Republic of Congo source for cobalt.Necessary cookies are absolutely essential for the website to function properly. Following a 10,000-litre acid spill that ran into a nearby creek and killed thousands of fish earlier this month, Vale was ordered to suspend operations. Markets 11 OCT 2019. (Photo: Vale)New Century Resources Ltd. has entered into a 60-day exclusivity period with Vale Canada Ltd. (VCL), a subsidiary of Vale S.A., to complete due diligence and negotiate the acquisition of 95% of the issued shares in Vale Nouvelle-Calédonie SAS (VNC). Sale of the New Century as Vale exists New Caledonia.
More News. $120M for nickel plant 'restructure' Mining 04 FEB 2020.
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The parties also plan to jointly engage with the French state to confirm its continued financing support.“New Century is pleased to secure this exclusivity agreement in relation to the potential acquisition of the Goro [mine],” New Century Managing Director Patrick Walta said.He added that New Century has been impressed by the VNC site team and the quality and scale of the infrastructure at the Goro mine.The Goro operations include a fully integrated and operational world-class mine, processing plant and port facility. These cookies will be stored in your browser only with your consent. Level 4, 360 Collins Street Melbourne VIC 3000 Australia. It appears that Vale SA has run into a spot of trouble at the Goro laterite nickel mine in New Caledonia. Demo over nickel mine outsourcing. 26 May.
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