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May 29 (Reuters) – It’s hard not to have a grudging respect for Brazil’s Vale when it comes to the company’s Goro nickel project in New Caledonia.

Others would surely have walked away from what must be one of the most problematic start-ups in the history of base metals.

Over-budget and years late even before the plant was first switched on in 2010, it has since been plagued by technical set-backs, unscheduled closures and, now, violent attack by locals.

Vale has remained commendably undaunted throughout.

Read more at: http://in.reuters.com/article/2014/05/29/home-nickel-idINL6N0OF2Y12014052