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Vale to reorganise base metals business in Brazil

Vale said two businesses will be created from July. One for nickel, with the creation of the new company Mineração Onça Puma, and another for copper, with the transfer of the Sossego plants to Salobo Metais.

Vale to reorganise base metals business in Brazil Vale to reorganise base metals business in Brazil Vale to reorganise base metals business in Brazil Vale to reorganise base metals business in Brazil Vale to reorganise base metals business in Brazil

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The process is part of the company's strategy to separate base metals operations from the iron ore units, the company's current flagship product, announced in September 2022.