Today

Agents

Chat

Arena

Discover

More

App

Vale targets 1H2028 start-up for Salobo coarse particle flotation project - VALE News | Rallies

Vale targets 1H2028 start-up for Salobo coarse particle flotation project

VALE•2026-08-12

Wheaton Precious Metals funding and revised capex

Wheaton Precious Metals will provide USD 40 million in two USD 20 million milestone-linked installments, replacing potential annual milestone payments.
The capex estimate was cut to about USD 215 million; Vale Base Metals' cash outlay is seen at about USD 175 million after Wheaton funding.

Vale advances Salobo coarse particle flotation project

Vale advanced the Salobo Coarse Particle Flotation project to execution, targeting start-up in 1H2028, about one year early.
Capacity is expected to rise by 6 million tonnes to 42 million tonnes per year; copper output is expected to increase by up to 30,000 tonnes annually.
Concentrate is expected to include about 15,000 ounces of gold per year as a by-product.

Related News

Apple In Talks To Pay Publishers To Improve AI-Powered Siri - WSJ

AAPL•2026-08-12

Honeywell Aerospace completes exchange offer for up to USD 16 billion in senior notes

HON•2026-08-12

Duolingo files Form 3 initial beneficial ownership statement for director Sallie Krawcheck

Sources

D

Vale targets 1H2028 start-up for Salobo coarse particle flotation project

Docs

DUOL

•

2026-08-12

AppTech Payments director Albert L. Lord reports $22,361 common share purchase

APCX•2026-08-12

Cisco forecasts annual revenue above estimates on sustained AI spending

CSCO•2026-08-12