Industry News

Vale S.A. plans to increase production of copper & nickel

Views : 156
Update time : 2024-06-26 15:58:47
According to the report, Brazilian mining company Vale S.A. is expected to invest around US$3.3 billion in expanding copper and nickel production and lowering costs. Before that, Vale S.A. established the Vale Base Metals plan to increase the aforementioned materials in December 2022. Some market participants indicated that the existing equipment investment project will achieve the previous production goal.

Vale S.A. planned to organize mining mountains again in order to improve production capacity for nickel and copper, and they attempted to expand the annual production capacity to around 500,000 tons in 2028.
Related News
Read More >>
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Mar .12.2025
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Mar .12.2025
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they? Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
Mar .12.2025
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
International crude oil prices increase on Mar 11 International crude oil prices increase on Mar 11
Mar .12.2025
International crude oil prices increase on Mar 11