# 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.

- Type: Partnership
- Announced: 2025-12-02
- Where: Sudbury Basin, Ontario, Canada
- Value: $1.80B
- Status: announced
- Capacity: 880 kt of copper over 21 years
- Products: copper, nickel, cobalt, gold, PGMs, critical minerals
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Vale Base Metals](https://endata.com/companies/74859.md) (partner)
- [Glencore Canada Corporation](https://endata.com/companies/77864.md) (partner)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/vale-base-metals-and-glencore-canada-agree-to-evaluate-development-of-sudbury-copper-deposits-868819050.html), 2025-12-02: "The proposed 50-50 joint venture aims to leverage Glencore's unused infrastructure to access orebodies on both our properties."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.