It is reported that since it was unable to reach a sale agreement with NCZ (New Century Resources Limited) on the New Caledonian nickel industry asset VNC (Noveelle Caledonie SAS), Vale stated that it will now take necessary measures to overhaul VNC to deal with At present, Vale is still looking for a solution to the potential shutdown risk.

VNC owns the Goro nickel/cobalt mine. The mine's production started in 2011. The design output of its processing plant is up to 57,000 tons/year, while the design output of the refinery is 80:20 for nickel oxide and mixed hydroxide. , Cobalt is also produced in the form of cobalt carbonate.
The nickel output of the VNC mining area in 2019 was 23,400 tons, which was lower than the 32,500 tons in 2018.
Vale is the world's largest nickel producer, with operations in Brazil, Canada and Indonesia, and New Caledonia in the Southwest Pacific. The company produced 208,000 tons of finished nickel in 2019.





