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Non-Tech : The Brazil Board

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From: elmatador	8/1/2023 2:42:12 AM
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Vale, Brazil’s largest miner, plans to invest up to $30 billion in new projects for copper and nickel mining, which are crucial for manufacturing electric cars. The Saudi firm — a joint venture between the Saudi Arabian Mining Company, also known as Ma’aden and the Kingdom’s Public Investment Fund — will now have access to supply chains across strategic minerals, including nickel, copper, and cobalt. Saudi Arabia Makes $2.6 Billion Investment in Vale’s Base Metals Division https://www.energyportal.eu/news/saudis-2-6b-bet-on-critical-metals-for-clean-energy-transition/112449/

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