Vale to partner with University of Toronto for research of sustainable mining solutions
Vale Energy Transition Metals and the University of Toronto announced a first-of-its-kind partnership to power sustainable mining solutions and foster Canadian skills and talent.
The partnership, announced during the Prospectors & Developers Association of Canada 2023 Convention aims to build resilient communities and accelerate the next generation of sustainable critical mineral projects.
Building on Canada’s Critical Minerals Strategy launched last year, Vale will contribute an initial C$1.6 million over three years to the University, with a focus on decarbonization and the energy transition economy. The partnership will include sponsored research projects, training, professional development and community engagement mechanisms.
“This multiyear, strategic partnership is an important catalyst to accelerate and expand our portfolio of decarbonization efforts and circular mining knowledge,” Deshnee Naidoo, executive vice president of Vale Energy Transition Metals said in a statement.
"For Vale, it means working in close co-operation with leading minds and researchers across a global network to drive innovation, expand the skills of our people and provide new ways to link to the communities where we operate," Naidoo said.
An initial project will focus on improving commercial recovery of low-grade nickel-containing ultramafic ores, including around Thompson, Manitoba where Vale has significant operations.
"As our economy continues its transition toward carbon-free sources of energy, the supply of critical minerals — such as nickel and cobalt, among many others — will only become more important," said Leah Cowen, vice-president, Research & Innovation, & Strategic Initiatives at the University of Toronto.
"Through this new partnership, we are keeping Canada at the forefront of innovation, and further strengthening our position as a trusted global supplier of sustainably sourced critical minerals."
Ontario Minister of Mines George Pirie, said, "We have the greatest mining companies in the world operating in Ontario and Vale is another example of a company that is leading when it comes to critical minerals research and development. As our government works to secure the supply chain for Ontario, we need industry to step up with new initiatives and that is exactly what Vale is doing."
Vale Energy Transition Metals is one of the world's largest producers of high-quality nickel and an important producer of copper and responsibly sourced cobalt.
Photo: University of Toronto, credit Shutterstock.