In June 2021, Vale approved a US$123 million investment package for the Thompson Phase 1 Project, which will extend current mining activities in Thompson, Manitoba for at least 10 years.
The Thompson Mine Extension is a two-phase project and includes the construction of critical infrastructure, such as new ventilation raises and fans, increased backfill capacity and additional power distribution. The start-up of the project is expected by 2023, replacing capacity at a rate of 20 ktpy of nickel. |