Vale Sheds Argentine Potash Project
Brazilian mining heavyweight Vale has come to an agreement with the Argentine government to drop its Rio Colorado potash project.
Articles Tagged "NYSE:VALE"
Strikes and Project Costs Hamper Major Potash Producers
Project costs, labor disputes and concerns regarding "national interest" are front and center in the potash market as companies reassess opportunities.
Vale Drops Potash Venture in Argentina to Maintain Cash
Brazil's Vale SA (NYSE:VALE), mothballed its $5.9-billion Argentina-based Rio Colorado potash venture after suspending work at the project in January.
Argentina Denies Vale’s Request for $2-billion Tax Break
Bloomberg reported that Vale SA (NYSE:VALE) has been denied the $2-billion tax break that it requested from the Argentinian government after costs for its Rio Colorado potash project rose to unanticipated levels.
Potash Sector Still Waiting on Supply Contracts
With potash contract prices dropping to the lowest level seen in years, the potash sector does not appear ready to rebound just yet.
Vale To Postpone Projects In Conceptual Phase Due To Economy
Vale SA (NYSE:VALE), a Brazilian mining company, announced that it will postpone projects int he conceptual phase due to the economic climate.
Vale Still Confident About Brazil Potash Project
MercoPress reported that Vale (NYSE:VALE) is reassessing its Brazil potash project but is confident it will overcome political obstacles.
Vale In Talks with Argentina Government over Potash Project
Reuters reported that Vale (NYSE:VALE) said it is still positive about moving forward on its Rio Colorado potash project.
Saskatchewan Town At Odds Over Vale Potash Project
CBC News reported that residents of Kronau Saskatchewan are debating over the economic and environmental impacts of a new potash project.
Potash Mine Proposed Near White City
Global Regina reported that Vale (NYSE:VALE) is proposing to build a potash mine near White City, Saskatchewan.
