Vale Do Brasil Stops Selling Operations In New Caledonia

Written by Paulo Nogueira

Published on 08/09/2020 at 13:41

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In New Caledonia, Vale Produces Nickel and Cobalt at the Industrial Complex Known as Deep South Plant

The Brazilian mining giant Vale stated that negotiations with New Century Resources to sell its nickel operations on the island of New Caledonia in the Pacific have failed.

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In May, Vale informed that it had started exclusive negotiations with an Australian firm for the sale of Vale Nouvelle-Calédonie (VNC).

“Vale and all parties involved in the divestment process – including the Province of South New Caledonia, the French state, and VNC management – continue to explore alternatives to create a viable future for VNC, all of which contemplate Vale’s exit,” said CEO Eduardo Bartolomeo in a statement.

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Vale Do Brasil Stops Selling Operations In New Caledonia

In New Caledonia, Vale Produces Nickel and Cobalt at the Industrial Complex Known as Deep South Plant

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Vale Do Brasil Stops Selling Operations In New Caledonia

In New Caledonia, Vale Produces Nickel and Cobalt at the Industrial Complex Known as Deep South Plant

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Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

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