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Vale cuts nickel output but is positive on long-term demand

By: Reuters     7th December 2017 Brazilian miner Vale dialled back its nickel output forecasts for the next five years on Wednesday, although the world's top producer of the metal praised its longer term prospects on likely soaring demand for electric cars. Vale cut its nickel output estimate by 15% to 263 000 t next year and... 

Debt reduction high on priority list of major miners Freeport, Vale

By: Henry Lazenby     10th May 2016 Managing and reducing debt levels can be a balancing act, but it is high on the priority lists of major diversified miners Freeport McMoRan and Vale, the companies confirmed on Tuesday. Addressing the Bank of America Merrill Lynch's 2016 Global Metals, Mining and Steel Conference, in Florida,... 

Norsk Hydro inks deal with Vale to lift MRN ownership to 45%

By: Henry Lazenby     9th October 2015 Primary aluminium producer Norsk Hydro has settled a deal with Brazilian mining company Vale to possibly buy Vale's 40% interest in Brazilian bauxite producer Mineração Rio do Norte (MRN), which would strengthen Hydro's global position as a long-term player in bauxite and alumina. The Norwegian... 

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