U.S. COMPANY FILING
Vale S.A. — Form 6-K filed 2025-12-02
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Vale Base Metals and Glencore Canada signed an agreement to jointly evaluate a brownfield copper development project in the Sudbury Basin. The project aims to deepen Glencore's existing mine shaft to access copper deposits, with estimated production of 880 kt copper over 21 years and capital cost of US$1.6-2.0 billion. Detailed engineering and permitting in 2026, FID expected in H1 2027.
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