Vale – Republic of Mining

Government touts Manitoba as mining-friendly province at mineral industry conference – by Ian Graham (Thompson Citizen – March 10, 2023)

March 13, 2023

https://www.thompsoncitizen.net/

Province is giving $3.5 million in various grants to mining, Indigenous and economic development organizations as well as to companies conducting mineral exploration in the province.

Manitoba’s government touted its credentials as a mining-focused and mining-friendly jurisdiction in the first week of March, sending a delegation to the Prospectors and Developers Association of Canada conference in Toronto and announcing mineral-related funding for various organizations and companies.

Economic Development Minister Jeff Wharton said in a March 6 press release that Manitoba’s representatives at the conference, which attracted more than 1,100 visitors, 2,500 investors and 23,000 attendees, would be holding discussions and meetings with industry stakeholders and also distributing technical and marketing materials to conference participants.

U of T partners with Vale Energy Transition Metals to accelerate sustainable mining solution – by Tyler Irving (University of Toronto Engineering News – March 8, 2023)

March 9, 2023

UofT Engineering News Home

A new partnership between the University of Toronto and Vale Energy Transition Metals will strengthen Canada’s position in the critical minerals sector by developing sustainable mining solutions, as well as fostering Canadian skills and talent.

The framework agreement was signed March 7, 2023, at the Prospectors & Developers Association of Canada (PDAC) 2023 Convention, held in Toronto. The partnership launches with an initial $1.6 million investment over the next three years and will include several multidisciplinary projects led by experts from both institutions.

Sudbury’s mine waste worth billions; new project to find ways of extracting valuable minerals – by Staff (Sudbury Star – March 8, 2023)

March 9, 2023

https://www.thesudburystar.com/

Vale, province to pay for new industrial research chair program in biomining and bioremediation to be based in Sudbury

Mine waste in the Sudbury area may be worth billions and it’s Nadia Mykytczuk’s job to find ways using bacteria to extract the valuable nickel, copper and other critical minerals out of them.

Her job got a lot easier Wednesday when Vale Energy Transition Metals and the provincial government announced money to support a new industrial research chair program in biomining and bioremediation that she will lead in Sudbury. Vale Energy committed $875,000 over five years to the Mining Innovation, Rehabilitation, and Applied Research Corporation (MIRARCO) at Laurentian University.

Clean and green mining in Sudbury takes a step forward – by Staff (Northern Ontario Business – March 7, 2023)

March 8, 2023

https://www.northernontariobusiness.com/

Vale and Queen’s Park offer up $1.6 million to tackle mining waste and advance bio-mining innovation

A new and environmentally benign form of Sudbury’s mining industry just took a great leap forward with a more than $1.6 million contribution from international nickel miner Vale and the Ontario government.

Mining Innovation, Rehabilitation, and Applied Research Corporation (MIRARCO) at Laurentian University and its research leader Dr. Nadia Mykytczuk are the recipients of this largess that will be earmarked for the organization’s bio-mining and remediation efforts in tackling mine waste.

Vale to Turn Amazon Mining Waste Into High-Grade Iron Ore to Feed Steelmaking – by Mariana Durao (Bloomberg News – March 2, 2023)

March 3, 2023

https://www.bnnbloomberg.ca/

Bloomberg) — Metals producer Vale SA is turning 37 years worth of mining waste at an iron ore complex in the Amazon into high-quality material to be used in steel production.

The company has started extracting scrap that had been dumped at a tailings dam at Carajas in northern Brazil since 1985 as part of a project at its largest iron ore operation.

Stacy Kennedy first woman appointed as permanent head of Vale Manitoba Operations – by Ian Graham (Thompson Citizen – February 22, 2023)

February 23, 2023

https://www.thompsoncitizen.net/

Vale’s Manitoba Operations will be permanently overseen by a woman for the first time come March 1, when Stacy Kennedy takes over the top job in Thompson.

Kennedy, who has previously served as interim general manager of Manitoba Operations and interim mine manager, inherits the role from Gary Annett, who is returning to his home of Sudbury, Ontario, where he will continue to work for the company, said a Feb. 22 Vale Canada press release. “I’m really excited to be taking on this role at a time when there’s a real shift happening in the mining industry,” said Kennedy in a press release.

General Motors Competes for Stake in Vale’s Base Metals Unit – by Dinesh Nair and Cristiane Lucchesi (Bloomberg News – February 8, 2023)

February 9, 2023

https://www.bnnbloomberg.ca/

(Bloomberg) — General Motors Co. is competing for a stake in Brazilian mining giant Vale SA’s base metals unit, people familiar with the matter said, underscoring automakers’ desire for easy access to the materials needed for electric vehicle batteries.

Detroit-based General Motors has advanced to the next round of bidding for a minority stake in the business, the people said, asking not to be identified discussing confidential information. Vale could raise more than $2 billion from a deal, according to the people.

Merging two Sudbury nickel projects could pave a path to production – by Ian Ross (Northern Ontario Business – January 25, 2023)

January 25, 2023

https://www.northernontariobusiness.com/

SPC Nickel cuts deal with Vale to combine nickel deposits in Sudbury basin

A Sudbury exploration outfit has taken a great leap forward toward establishing itself as the city’s next nickel miner. SPC Nickel has struck a “cooperation agreement” with mining giant Vale to consolidate ownership of two adjacent nickel and copper deposits —SPC’s undeveloped West Graham and Vale’s Crean Hill 3 — into an advanced exploration project.

The junior miner is calling the deal a “transformational growth opportunity” for a one-time private company that went public two years ago with the objective of becoming the next nickel mining player in the Sudbury camp.

Earthquake related to mining activity at Garson Mine: Earthquakes Canada – by Mia Jensen (Sudbury Star – January 23, 2023)

January 25, 2023

https://www.thesudburystar.com/

Magnitude 2.8 earthquake is ‘small,’ official says

Earthquakes Canada said a 2.8-magnitude earthquake felt across Greater Sudbury on Sunday was related to mining activity in Garson Mine. According to the organization’s website, the rumbling was “lightly felt” across the city at around 2:17 p.m. on Jan. 22.

Seismologist Allison Bent said Earthquakes Canada received nearly 200 online reports of shaking throughout the entire region, with the effects strongest in the epicentre near the Garson mine. A map of those reports indicates that some residents felt the effects from as far as Skead, Onaping and Nairn Centre.

SPC and Vale consolidate Sudbury nickel/copper deposits – by Mariaan Webb (Mining Weekly – January 24, 2023)

January 25, 2023

https://www.miningweekly.com/

Canadian junior SPC Nickel and diversified miner Vale’s Canada subsidiary have announced that they will consolidate their adjacent and contiguous West Graham and Crean Hill 3 nickel and copper deposits, in the Sudbury mining camp of Ontario.

The agreement grants SPC Nickel the right to acquire a 100% interest in the surface and mineral rights of the Crean Hill 3 property. In consideration, certain rights and royalties will be extended to Vale across the combined project.

Vale weighs offers for stake in base metals business – by Madeleine Bruder (World News Era – January 10, 2023)

January 10, 2023

https://worldnewsera.com/

Vale has received multiple bids for a stake in its base metals business after talks with parties from carmakers to sovereign wealth funds, its chief executive said, as he predicted the division could become “even bigger” than the Brazilian mining group itself.

Eduardo Bartolomeo said “non-binding offers” had been made for the slice of up to 10 per cent of the unit, which produces materials vital for the energy transition and is being carved out as a standalone entity separate from Vale’s main iron ore operations.

Vale to break out base metals business, sell stake in 2023 – by Mariana Durao and Joe Deaux (Bloomberg News – December 2022)

December 8, 2022

https://www.bnnbloomberg.ca/

After several years of deliberations, iron ore giant Vale SA is finally laying out a path for unlocking value from its nickel and copper business as demand for the so-called battery metals picks up.

The Rio de Janeiro-based firm will separate the base metal assets from its iron ore operations and unveil a strategic partner in the first half of next year, Chief Executive Officer Eduardo Bartolomeo and Chief Financial Officer Gustavo Pimenta said in an interview. An initial public offering is off the table for now.

The Drift: ‘Landmark’ project to boost Vale’s nickel production by 10,000 tonnes annually – by Lindsay Kelly (Northern Ontario Business – October 14, 2022)

October 14, 2022

https://www.northernontariobusiness.com/

South Mine expansion called key link in supply of critical minerals for EV production

Vale’s $945-million expansion of its South Mine near Sudbury will be a key driver in the production of critical metals for the province’s battery electric vehicle (BEV) industry and ensure continued local operations for years to come.

That was the word from Deshnee Naidoo, Vale’s executive vice-president of base metals, who was on hand at the company’s Copper Cliff Complex on Oct. 13 to officially mark the opening of the mine expansion.

Vale’s base metals chief vows to turn around underperforming Sudbury nickel mines – by Niall McGee (Globe and Mail – October 13, 2022)

October 14, 2022

https://www.theglobeandmail.com/

The head of Vale SA’s base metals group is vowing to turn around its poorly performing Canadian nickel operations, as the Brazilian mining giant makes a play for a bigger piece of the fast-growing EV-battery-minerals market.

Vale entered the Canadian nickel market in 2006 when it paid $19.4-billion to acquire Inco Ltd., a company that had mined the critical mineral in Sudbury for a century.

Vale and Glencore team up on electric mining vehicle safety – by Len Gillis (Sudbury.com – September 23, 2022)

September 23, 2022

https://www.sudbury.com/

Big Sudbury miners realized safety goals could be better achieved by working together than tackling problems alone

Sudbury’s two large mining companies are working together on the transition to Battery Electric Vehicles (BEVs) to make it safer to operate those vehicles on surface and in underground mines.

The partnership between Vale Canada and Glencore was revealed at the Maintenance, Engineering and Mine Operators Conference in Sudbury held in Sudbury this week. This was one of several sessions that were held in the Innovation and New Technology category.