Thank you, Mr. Chair.
Again, thank you to the witnesses for being here. This is something that is dear to my heart, as I've said before, being in the nickel capital of the world. We call ourselves the mining innovation capital of the world as well.
Before I ask some questions of the Vale folks, Mr. Fung, you talked a lot about China and their role. The challenge we have is that China's economy is not like Canada's. We're a market-driven economy and they're a state-owned economy. They get to pick and choose which lane they're going to go in and basically put all their efforts and control into their markets.
That being said, you mentioned as well the importance of multilateralism in this file with Australia, the U.S. and the EU. What are your thoughts on where we're at in that space now, and where do you think we could put more effort into that?