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15 Jan
14:58

Vale to spend $10 billion in Canada, review assets

Brazilian mining giant Vale will spend $10 billion over the next decade to keep its Canadian operations running, with the company targeting existing potential over greenfield opportunities. In an emailed statement, a Vale Base Metals spokesperson told Kallanish on Monday that the company is “currently reviewing our asset base with the aim of improving efficiency and overall performance, but it is premature to share results.” The spokesperson confirmed…
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