Tag: Rio Colorado - Mendoza

• Monday, May 6th 2013 - 00:48 UTC

  Brazil and Argentina working to find a long-standing agreement on trade, says Marco Aurelio

  

  Brazil and Argentina are trying to address their economic and trade differences so that they can reach a long-standing, long term solution, said Marco Aurelio García, the Brazilian Executive advisor on foreign issues and trouble shooter for this kind of conflicts.

• Wednesday, March 20th 2013 - 08:29 UTC

  Suspended potash project top officials left Argentina following union threats

  

  Top officials from the Brazilian mining company Vale which suspended a 6 billion dollars potash development project in Argentina left the country for Sao Paulo last Friday following “on instructions from the security department” of the corporation, according to reports in the Brazilian press.

• Saturday, March 16th 2013 - 07:28 UTC

  Mining project suspension in Mendoza leading to major clash between Argentina and Brazil

  

  A major conflict could be brewing between Argentina and Brazil after Rio’s Vale decided to cancel a 6 billion dollars potash development project in Mendoza and the Argentine Labour minister issued a mandatory conciliation which actually impedes implementation of the closing down decision.

• Thursday, March 14th 2013 - 09:07 UTC

  Argentina furious with Brazil over cancelling of 6bn potash development project

  

  The government of President Cristina Fernandez is furious with the Brazil-based Vale mining company for suspending its 6 billion dollars potash development in Mendoza, the largest investment in Argentina in recent years.

• Monday, March 11th 2013 - 22:54 UTC

  Argentine macroeconomic context forces huge 6bn potash project suspension

  

  Brazilian mining giant Vale announced on Monday it has suspended the 6 billion dollars Río Colorado potash project in Mendoza province. The mining, main producer of iron had halted the work on the project back in December, awaiting tax breaks for the project to help to compensate for soaring costs related to inflation and exchange rates.

• Wednesday, February 6th 2013 - 05:54 UTC

  Argentina eases pressure on potash project timetable but denies fiscal incentive

  

  Argentine authorities backed away from a recent ultimatum for Brazilian mining giant Vale to submit a new timeline for its 6 billion dollars Rio Colorado potash mine, giving the company more time to find a solution for the imperiled project.