in this issue
Regions :: South America :: Argentina
Vale suspends Rio Colorado potash project (updated)
March 11, 2013 | Francinia Protti-Alvarez
Vale said Monday that it had informed the Argentinean government that is suspending work on a potash project at Rio Colorado, Argentina. The company says that the project is not “in line with Vale's commitment to discipline in capital allocation and value creation” in the current macroeconomic environment. Vale says it is evaluating alternatives to improve the economics of the project, and could reevaluate the decision. A report from Brazilian newspaper Folha de S. Paulo said earlier Monday that Vale was considering abandoning the Rio...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee