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    market news

    Strike Continues At Vale Nickel Processing Plant

    Investing News Network
    Jul. 16, 2012 11:52AM PST
    Base Metals Investing

    Reuters reported a strike at Vale SA’s (NYSE:VALE) Long Harbour nickel processing plant in Canada continued for five days.

    Reuters reported a strike at Vale SA’s (NYSE:VALE) Long Harbour nickel processing plant in Canada continued for five days.

    As quoted in the market news:

    Strikers lined the road to the construction project in the province of Newfoundland and Labrador, ignoring calls from union representatives to return to work, Canadian media outlets said.

    Vale said about half the workforce, or some 1,000 workers, were working at the $3.6 billion construction project on Monday.

    Click here to read the full Reuters report.

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