Asset Report

Vale Sudbury gold mine

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29 September 2022

Vale Sudbury gold mine

Report summary

Vale and its predecessors have been operating in Sudbury for more than 100 years. The company’s nickel operations are now among the largest in the world. According to Vale, the Sudbury Basin still possesses untapped deposits of nickel that will ensure mining will continue in the region for the next few decades. Sudbury is to move from a two-furnace to a one-furnace operation at Copper Cliff by the end of 2016, a move that will also result in the capital cost of the proposed Clean AER Project being halved (from US$2bn to US$1bn).

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