Development will increase lifespan of Voisey’s Bay by 15 years and boost operations at the Long Harbour nickel processing plant.
Five-year contract expected to come into effect June 1.
Compensation as processing plant ramps up in the province.
Deal with Brazilian mining giant also involves RBC, CIBC, Scotiabank.
Reorganizing while under seige from corporations, government.
Will reduce sulphur dioxide emissions at Sudbury plant by 70%
Mining giant won court application to arrest strikers that blocked site.
OTTAWA: Export Development Canada (EDC) is providing up to US$1 billion in financing to global mining giant Vale S.A. in Brazil to assist with capital expenditures related to Canadian export projects and to encourage future Canadian procurement in its international…