When the world's largest producer of Nickel apparently runs off...

When the world's largest producer of Nickel apparently runs off after spending more than $30 million I would pay attention!
https://www.nsenergybusiness.com/features/largest-mining-companies/

4. ValeVale is the fourth-largest mining company in the world by revenue, having brought in $37.6bn.But the Brazilian multinational, which is based in Rio de Janeiro, Brazil, posted a $1.7bn loss at the end of the 2019-20 fiscal year. That was largely put down to impairments related to its base metal and coal operations, as well as the lingering effects of the deadly Brumadinho dam disaster in early 2019.Vale was founded in 1942 and is the world’s largest producer of iron ore and nickel. It currently has operations across 30 countries.

At the moment ARL are sitting on Vale's rejected lot. Who is benefitting from that?

Kicking the can down the road while getting paid?

Is there a reason why after all this time extraction costs have not been released?

Just asking.

Remember the significant depth and spread of your minerals?

All in my opinion and not investment advice.

Do your own research.