BASE METALS

Vale prepares to face future inflation and restricted cash

Biggest challenges are rising production costs and uncertainties in China's economy

Siobhan Lismore-Scott and the Noticias de Mineracao Brasil team
Vale headquarters

Vale headquarters | Credits: SERGIO V S RANGEL, via Shutterstock

Vale is letting go of staff across its base metals division, citing lower commodity prices as a reason. In an emailed statement seen by MNN sister publication Mining Journal, Vale said "staff reductions"...

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