[Ferro-Alloys.com] 

Vale to open new copper-nickel mine in Ontario

Vale Base Metals is set to open a new open pit mine at the historic Stobie mine site in Sudbury, Ontario. This project is expected to cost C$205 million ($149m) over the next four years.

The new Stobie mine will produce nickel and copper, with an initial production target of 300,000 tonnes nickel and copper this year, ramping up to 1.5 million tonnes annually by 2025, continuing until 2027 or 2028. The project will also yield valuable by-products such as cobalt and precious metals.

The Stobie mine will be managed by mining contractor Thiess and will employ members of USW Local 6500.

• [Editor:邢亚敏]