04
Mar
15:58
NICKEL: Vale gets go-ahead to sell Goro mine, Tesla enlisted as advisor
The nickel mine at the heart of a governmental crisis in New Caledonia has been sold by global miner Vale, and US-based electric vehicle producer Tesla stands to benefit, according to a translated statement issued by parties within the New Caledonian government.
New Caledonian government entities are permitting Vale to sell the Goro nickel mine to consortium Prony Resources. State entities will retain a 51% stake in the project.
“Beyond a simple…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous