Natural Resources committee  Yes, I do believe the mining industry is going through a big transformation, and it seems that all the ESG compliance is something that will become mandatory. Having the “S”, social, embedded in the companies is something we, Vale Canada, are taking as a very strong commitment, a

Natural Resources committee  Ms. Falk mentioned the number of women in the mining sector. I'd just like to share that Vale is on the other side and that in 2020, we achieved a 20% increase in women in our workforce. We provided technical training for more than 500 newly hired women to work in operational rol

Natural Resources committee  Thanks, Mr. Lefebvre, for the question. Yes, we are seeing a lot of movement in different regions. As an example, in the U.K. there is a battery hub being developed. There is strong support from the U.K. government in order to foster that industry.

Natural Resources committee  It is very, very, very limited.

Natural Resources committee  That's the point we have been telling them. It's not about fostering a battery hub there. The issue is, where is the upstream part of that? Another example that is very strong, and that most of you have heard about, is Indonesia. The Indonesian government is really fostering big

Natural Resources committee  Sure. Thanks for the question. In terms of the mining activities, we are now investing in an underground mine in Voisey's Bay. This was an investment of approximately $1.6 billion. It's coming online this year. This is a very important investment in order to keep producing mater

Natural Resources committee  Mr. Lefebvre, thanks for the question. I think there is a big opportunity for the North American EV industry to foster that supply chain in the country, considering all the changes going on in the world and the strategic need to make sure of the availability of the resources in

Natural Resources committee  Yes, Mr. Lefebvre, it is a risk. We are seeing the automotive industry already elevating the tone particularly for some materials like nickel. There is a concern that there won't be enough nickel for their needs. This could lead to two movements if we don't react fast enough to s

Natural Resources committee  On behalf of Vale and our base metal headquarters here in Canada, we thank you again for the opportunity to appear before you today. We will look forward to any questions you may have. Thank you.

Natural Resources committee  Mr. Chair, thanks. I will start, and then I'll pass to Nancy. Members of the committee, good afternoon. It's a pleasure to appear before you today and have the opportunity to address the important topic of how Canada can position itself as a key supplier and enabler of critical