23
Oct
10:58
Trafigura eyes Vale's New Caledonia nickel mine: reports
A Trafigura-led consortium is preparing to bid for Vale's Goro nickel-cobalt mine in New Caledonia, Kallanish notes from local press reports. Trafigura has not yet commented on the reports.
The consortium includes the global trading firm, as well as four French companies. None of the companies have yet gone public.
New Century Resources’ proposed acquisition of a 95% stake in Vale New Caledonia (VNC) collapsed in September (see …
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Very good overview of the weekly steel market.
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