Vale to grow fertiliser profile
10th Feb 2012
RIO DE JANEIRO, Feb 09 – Vale has reaffirmed its ambition to become a leading global player in the fertilisers industry by approving a 30-year leasing contract with Petrobras over the Taquari-Vassouras and Carnalita potash projects in the state of Sergipe, Brazil.
The contract will allow the continuation of potash mining at Taquari-Vassouras, currently the only potash producer in Brazil and one of only two producers in South America.
While Vale’s board has yet to approve development of the Carnalita potash project, the company says the leasing contract will allow that work to be finalised as well as study and development of other areas within the concession.
Also in the February 8 - 14, 2012 edition
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- Avonlea’s year of the dragon
- Jungle souvenirs get tongues wagging
- BREAKING NEWS
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- Albanese maintains bullish stance
- Alcan hits Rio bottom line
- Altona on the board
- Aquarius feels pinch
- Avalon shake-up
- Avenue targets Rondonia tin
- Bligh agrees split with Blackcrest
- Blue Eyes FEED finished
- Boom times for supplier
- Centerra reserve increase
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- Cobre flows for Strategic
- CuDeco awards IndexEMS contract
- Cuervo builds Peru iron resource
- DNP progress for Regency
- Doray wins clearance
- Drilling to extend Achmmach
- Drills return to Matilda
- Eastern Iron takes on Nowa Nowa
- Emeco looks to Chile
- Exotic find for JV partners
- FMG signs MoU with IOH
- Frieda River boost
- GBM happy with sampling
- GC to boost Silvercorp
- Gold Anomaly hopes rise
- Green light for Cortona
- Harper joins Sumatra
- Herencia gets encouragement in Chile
- Jinchuan flags go-ahead
- Kagara to step up search
- Kumba gets Kolomela boost
- Lace restart now in prospect
- Leighton on good WICET
- Likuyu resource next month
- Ludowici contest heats up
- Macmahon bounces back
- Marathon compensated
- Matilda to get back on track
- Mekong joins Southern in Cambodia
- MMG advances on Anvil
- Monadelphous record
- Mt Carrington resource boost
- Mulroney joins Venturex
- Murchison clears path to sale
- Murchison exit complete
- New $US4.5B spend on Escondida
- New life for Atticus
- Optimum lift
- Osisko moves into Nevada
- Padbury, Aurium join forces
- Pinto Valley restart
- Predictive hits Bonsiega target
- Prosperity signs
- Rio's ore-some target
- Rox posts Mt Fisher resource
- Scotgold moves to higher ground
- Shandong will buy Tonkolili iron
- St George confirms gold trend
- Talisman aims to get lucky
- Toro out of Woods
- TriAusMine to start Woodlawn drilling
- UCL unimpressed
- Vale awards Keller contract
- WCP moves on Al Hariqah
- Western Areas' revenues slump
- Yamarna gets positive review
- COAL
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- Sober coal warning from McCloskey
- EXPLORATION
- Falcon ready to soar again
- FINANCE
- Mega projects will test BHPB’s mettle
- Past gives BC Iron different view of the future
- Remaking Exco too
- FORUM
- Selling the story
- FROM THE CAPITAL
- Big deals may signal end of cycle
- GOLD
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- Copler saving Alacer blushes
- Gold group-think needs to change
- MINING IT
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- Partnership work rounds out Cube offering
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- PEOPLE
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- Richards contemplates next step for IronClad
- RUSSO'S RULES
- All this inking gets you thinking
- TECHNOLOGY
- Automation will cut jobs, but then again …
- VIEW FROM THE WEST END
- Rumble in the jungle
