New Caledonia Okays Restart of Vale’s Goro Nickel Plant

Nickel Investing

Reuters reported that the New Caledonian government plans to let Vale SA (NYSE:VALE) restart operations at its Goro nickel plant as early as today. Activity was suspended at the plant three weeks ago following a leak of acid-tainted effluent.

Reuters reported that the New Caledonian government plans to let Vale SA (NYSE:VALE) restart operations at its Goro nickel plant as early as today. Activity was suspended at the plant three weeks ago following a leak of acid-tainted effluent.

As quoted in the market news:

An independent expert report submitted earlier this week to the local province said it was not opposed to the restart of the operations.

Vale could not be immediately reached for comment.

Click here to read the full Reuters report.

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