China Lithium Market Dynamics & Lithium Procurement Study

China Lithium Market Dynamics and Lithium Procurement Study

Battery Recycling Technology Understanding

Solid State Battery Market

   China Scrap Steel Quality Analysis 

China Scrap Steel Cost Curve

Home

Metal News

Vale Inco Changes Its Name to Vale

Li-ion Battery Americas 2024

2024 SMM (19th) Aluminium Conference & the First Aluminium Industry Expo

CLNB 2024 9TH CHINA NEW ENERGY EXPO

Indonesia Nickel & Cobalt & EV Industry Conference 2024

ASEAN Tin Industry Conference 2024

ASEAN Coal Industry Conference 2024

ASEAN Aluminium Industry Conference 2024

2024 ASEAN Automotive Supply Chain

2024 Global Renewable Metal Industry Chain Summit

2nd Li-ion Battery Europe 2024

Offers of Minor Metals in Europe (2010-6-2)

SUDBURY,&nbsp;Jun. 2 --&nbsp;It has been said that timing is everything, but there is no significance to the timing of a name change for Sudbury's largest employer announced Thursdsay, says a company spokesman.
The renaming of Vale Inco to Vale has been planned since 2006, when Brazil-owned Companhia Vale do Rio Doce purchased the former Inco Ltd., said Vale's Steve Ball.
Company officials had intended to announce the name change at least a couple of times in the last year, but finally did so in a news release issued Thursday, saying the chance is a &quot;milestone that aligns it more fully with other Vale operations worldwide and reflects it position as part of the world's second largest mining company.&quot;
Inco was acquired by the former CVRD in late 2006. It has operated around the world as Vale Inco since 2007 when CVRD rebranded itself Vale.
&quot;Our global nickel business will continue to be headquartered in Toronto, Canada,&quot; said Tito Martins, president and chief executive officer of Vale's nickel operations, in the news release.
&quot;We have a very strong team in place and are building a long-term future for our operations around the world in Canada, Indonesia, New Caledonia, the United Kingdom, China, Japan and Brazil,&quot; said Martins. &quot;Our nickel business today is larger than it was in 2006, when we first invested in Inco and we are building on that investment every day.
&quot;We are positioning our company to meet the challenges of an increasingly competitive global marketplace,&quot; he said. &quot;Our objective is to ensure a sustainable, successful future for the business and the people and communities who rely on it.&quot;
Vale's nickel business has more than 11,000 employees worldwide and net sales in 2009 of US$3.26 billion, accounting for 13.6% of Vale's overall global revenue. The management team in Toronto oversees a global business committed to significant production upgrades, capital investments and new projects that hold forth the potential for further growth in Canada and internationally.
&nbsp;

EU Silicon Metal Originating in China to Make Anti-Dumping Sunset Review and the Mid-Term Review of the Final Ruling

Vale Inco Changes Its Name to Vale | Shanghai Non ferrous Metals

Vale Inco Changes Its Name to Vale

SMM Events & Webinars

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit

2024 ASEAN Automotive Supply Chain