Vale reaches agreement with Petrobras over Sergipe potash

By Alex Feytis
Published: Thursday, 08 December 2011

Vale makes deal over exploitation of Petrobras-owned mine in Brazil

Brazilian mining giant Vale SA has reached an agreement with state-owned oil company Petroleo Brasileiro SA (Petrobras) over the production of potash at Taquari-Vassouras mine in Sergipe, Brazil, the company said to IM on Wednesday.

 

Vale, which has been exploiting the deposit since 1992, produces 850,000 tpa potash under...

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