ID :
94820
Mon, 12/14/2009 - 00:57
Auther :

BRAZILIAN VALE INCO STARTED ACTIVITIES IN YEMEN



SANA'A, Dec. 13 (Saba) - Vale INCO- is the second largest mining
company in the world, has started its activities in Yemen in field
of exploring coppers and nickels in Yemen.

According to the Geological Survey and Minerals Wealth Authority,
the Brazilian company shared activities of copper and nickel
exportation with the Canadian Kanteks company in Sawar region of
Arman province since mid of the current year.

The Canadian company has worked in Yemen since 1996.In its report,
the authority said that investment of the Brazilian company in Yemen
would encourage other companies to come and invest in minerals arena
in the country.

The report also showed that 14 Yemeni, Arabic and
international mining companies worked in Yemen.

AH



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