Vale: Threatening water and land in Argentina

In Argentina, Vale’s Rio Colorado potassium project threatens to contaminate a river basin

where approximately 25,000 people subside. It also threatens a considerable amount of local plant and wildlife. One of the biggest rivers in Argentina, the Colorado River, is put at risk through the intense use of salts.

However, due to inflation and exchange rates, Vale sought to sell the project in 2013.

 

International Movement of People Affected by Vale (2012): The Vale 2012 Unsustainability Report

Reuters (2013): Brazil´s Vale says signs accord to quit Argentine Potash project.

Case location
Colorado River - Argentina
Argentina


Affected topics
  • Environmental and Climate protection
Affected norms and standards Directly and indirectly (through shareholding) involved companies Indirect investors through shareholding

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