Vale Expects Tax Response from Argentinian Government by Feb 28
Feb. 08, 2013 10:33AM PST
Potash InvestingReuters 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.
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.