Vale Expects Tax Response from Argentinian Government by Feb 28

Reuters reported that Vale, who has been considering suspending production at its Argentinian potash project, expects to hear a response from the government for their tax break demand by February 28.

As quoted in the market report:

Vale, the world’s largest producer of iron ore and second-largest producer of nickel, halted work on the Rio Colorado potash project in Argentina’s Mendoza province in December while it “analyzes changes in economic fundamentals” of the project.

To view the whole Reuters report, click here.