Twitter

Vale

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)

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.

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

Merging two Sudbury nickel projects could pave a path to production – by Ian Ross (Northern Ontario Business – 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.

Read more

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

Read more

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

Read more

Vale weighs offers for stake in base metals business – by Madeleine Bruder (World News Era – 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.

Read more

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

Read more

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

Read more

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

Read more

Vale and Glencore team up on electric mining vehicle safety – by Len Gillis (Sudbury.com – 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.

Read more

Vale Indonesia embarks on $8.6bn nickel projects with Chinese firms – by Erwida Maulia (Nikkei Asia – September 14, 2022)

https://asia.nikkei.com/

JAKARTA — The Indonesian unit of Brazilian mining giant Vale is embarking on three nickel processing projects worth a combined $8.6 billion with partners including Chinese battery materials producer Zhejiang Huayou Cobalt and potentially U.S. automaker Ford Motor.

Vale Indonesia on Tuesday signed a preliminary agreement for the latest of the three projects — all on the island of Sulawesi — with Huayou. It comprises a plan to develop a nickel smelter with high pressure acid leaching (HPAL) technology near Vale Indonesia’s major operations in Sorowako, South Sulawesi province.

Read more