RIO DE JANEIRO, Nov 8 (Reuters) - Brazil's miner Vale SA VALE5.SA said on Wednesday it had received bids to invest in its New Caledonia nickel project as the company reevaluates its nickel business.
"We have just received proposals from bidders. The process continues," a Vale spokeswoman said in a written statement, without giving further details.
Vale said in September it was looking for new partners in the mine, located on a Pacific island. Vale had previously said it was reviewing its nickel business amid low market prices for the metal and closed two of its higher cost Canadian mines last year.