Lower Footprint in Base Metals to Boost Vale’s Profitability
Can Vale Expect Significant Upside after 4Q17 Results? Vale’s (VALE) base metal (DBB) production, including nickel and copper, was flat to lower in 2017 compared to 2016. Its nickel production fell 7.3% year-over-year (or YoY) to 288,200 tons, which was in line with Vale’s commitment of a smaller nickel footprint.