Vale set to downscale New Caledonian nickel plant

Vale's nickel plant in New Caledonia Photo: AFP

The Brazilian miner Vale is set to downscale its nine-billion US dollar nickel plant in New Caledonia in the face of competition from China. The company is yet to detail its plans publicly but informed members of Congress in a closed session of its new strategy. Vale has reportedly suggested closing the nickel refinery for […]

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