No stranger to buying large profitable deposits...

http://www.theprovince.com/business/Vale+eyes+possible+return+Inco+Canadian+market+mulls+part+base+metals/10434191/story.html

Vale's capital budget is down from last year, but still pretty healthy.

http://www.nasdaq.com/article/vale-unveils-capital-expenditure-budget-for-2015-analyst-blog-cm419663

And if you haven't read up about this private canadian company yet, might be good to watch and see if they make any more moves into graphite/graphene. There size is relatively unknown, but Industry Canada does have a profile on them (http://www.ic.gc.ca/app/ccc/srch/nvgt.do?sbPrtl=&prtl=1&estblmntNo=234567060533&profile=cmpltPrfl&profileId=201&app=sold&lang=eng).

They also have a strong relationship with Vale/Inco and other key/major clients. http://www.cvmr.ca

From their homepage:

“We are a generation that has observed revolution in telecommunication, information dissemination technologies, robotics and printing of various three-dimensional metal objects. This last one will change the face and function of manufacturing completely. The days of tool, die and mold making will be over soon. Steel mills will not produce steel the inefficient way they are doing today. The industries that use metals and plastics in manufacturing things will not be the same in the next ten years. They will be much more efficient, environmentally neutral and allow customers to have their own unique ideas incorporated into the objects they buy. Graphite and graphene will take centre stage in the objects and the equipment we use. 4D Printing offers an exciting capability. This is truly a radical shift in our understanding of structures, which have up to now remained static and rigid. (Think of the output of aerospace and automotive industries, civil structures and pipelines, etc.) They will soon become dynamic, variable in size and shape, adaptable for on-demand performance. They can reshape, assemble or disassemble themselves over short periods of time. All one has to do is to add some kind of energy. This could be kinetic energy, electrical energy, change of temperature, pressure, or at times a change in the ambient environment of the object. Those manufacturers who do not pay attention to this revolution, will not be here in ten years time.” Kamran M. Khozan