• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks

    Vale Still Operating Nickel Processing Plant at Onca Puma

    Charlotte McLeod
    Dec. 02, 2015 11:46AM PST
    Base Metals Investing

    Reuters reported that Vale SA (NYSE:VALE) continues to operate the nickel processing plant at its Onca Puma project. A court had ordered a halt in mining activities at the project, and now there is debate over whether operating the plant violates that order.

    Reuters reported that Vale SA (NYSE:VALE) continues to operate the nickel processing plant at its Onca Puma project. A court had ordered a halt in mining activities at the project, and now there is debate over whether operating the plant violates that order.
    As quoted in the market news:

    While the plant continues to process ore into ferronickel, Vale has stopped operations at the open pit mine where it obtains the nickel ores, Jennifer Maki, Vale’s head of base metals, said on the sidelines of the annual “Vale Day” event.
    Vale, the world’s largest producer of nickel, has said in recent days it is in full compliance with the order to halt mining operations at the key nickel facility.
    The Federal Public Ministry in Brazil’s Para state (MPF) said on Friday the company had not been complying with the order from the Superior Justice Tribunal for more than a month but did not specify in what way.
    It was not previously known that the processing plant was still operating, and while ferro-nickel processing is not a mining activity, it is not clear if the continued operation of the plant was what the MPF was referring to in saying Vale was violating the shutdown order.

    Click here to read the full Reuters report.

    onca pumabrazilnyse:valelargest producer of nickel
    The Conversation (0)

    Go Deeper

    AI Powered

    Vale

    Restarting Ops On Nickel Mines

    Latest News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×