After 16 years, Vale's big nickel bet is looking like a winner - MINING.COM - MINING.com

In the heady days of the 2000s commodities supercycle, Vale made a $17 billion bet on a metal used mainly to make stainless steel.

As the nickel bull run turned into a stampede in early 2007, Agnellis aggressive outbidding of rivals for Incos sprawling deposits in Canada, Brazil, Indonesia and New Caledonia looked like a stroke … [+2088 chars]

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