Brazilian Vale INCO started activities in Yemen
The Source: www.sabanews.net - 13/12/2009
Home \
Local News
Vale INCO- is the second largest mining company in the world, has started its activities in Yemen in field of exploring coppers and nickels in Yemen.
According to the Geological Survey and Minerals Wealth Authority, the Brazilian company shared activities of copper and nickel exportation with the Canadian Kanteks company in Sawar region of Arman province since mid of the current year. The Canadian company has worked in Yemen since 1996. In its report, the authority said that investment of the Brazilian company in Yemen would encourage other companies to come and invest in minerals arena in the country. The report also showed that 14 Yemeni, Arabic and international mining companies worked in Yemen.
|