Vale’s New Caledonia nickel plant under siege, up to $30m in damage
Dozens of rioters have caused tens of millions of dollars in damage to vehicles, equipment and buildings at Brazil’s Vale (NYSE:VALE) nickel plant in New Caledonia, as anger boiled over at a chemical spill into a local river.
Earlier this month the country’s government ordered Vale to shut down its US$6 billion nickel facility at Goro, in southern New Caledonia after an estimated 100,000 litres of acid-tainted effluent ended up in a creek, killing thousands of fish.
Read more at: http://www.mining.com/vales-new-caledonia-nickel-plant-under-siege-up-to-30m-in-damage-83354/
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