Currently viewing Global edition

Vale spin out to capitalise on zeitgeist

The potential spin out by Brazilian diversified miner Vale of its nickel and copper assets into a separate company with a possible public listing, so it can focus on iron ore, is perfectly aligned to capitalise on the zeitgeist for low carbon energy transition metals.

Vale spin out to capitalise on zeitgeist Vale spin out to capitalise on zeitgeist Vale spin out to capitalise on zeitgeist Vale spin out to capitalise on zeitgeist Vale spin out to capitalise on zeitgeist

Vale chief executive Eduardo Bartolomeo

Speaking at the FT Mining Summit Vale chief executive Eduardo Bartolomeo said the aim would be to grow the base metals unit as big as Vale is today, an ambitious goal considering nickel generated 9.