|Vale Ltd. employees in Sudbury are bracing for possible layoffs after viewing a company video they say warned that the Brazil-based mining giant could soon be making cuts. Vale operates five mines in Sudbury, as well as a mill, a smelter, a refinery and employs nearly 4,000 workers. It mines nickel, copper, cobalt, platinum group metals, gold and silver. |
Last month, Vale said it would seek out fresh copper mining options and stop expanding nickel production capacity after second-quarter net income plunged.