Vale Base Metals and Glencore Canada to evaluate copper project in Sudbury

Vale Base Metals and Glencore Canada signed an agreement to jointly evaluate a brownfield copper development project at their adjacent properties in the Sudbury Basin, with a potential 50-50 joint venture. The project has an estimated capital cost of US$1.6-2.0 billion and is expected to produce 880 kt of copper over 21 years.

“The proposed 50-50 joint venture aims to leverage Glencore's unused infrastructure to access orebodies on both our properties.”newswire.ca

• 1 source
• newswire.caVale Base Metals and Glencore Canada agree to evaluate development of Sudbury copper depositsVale Base MetalsDec 2, 2025

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