Australian mining company, Mirabela, has announced that Vale Inco has agreed to terminate their farm in agreement to explore nickel sulphide on Santa Rita and Palestina.
Inco has not mined in the quarry for more than two years. Mirabela owns 100% shares of Santa Rita nickel mine, which was founded nineteen years ago with 260,000 tonnes of nickel ore output per year.
Source: Steel Guru
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