Vale working to meet demand for clean nickel for the auto market

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Company pledges $125M per year on exploration for the next five years in Canada

The nickel market in Canada is expanding so fast that suppliers can barely keep up with demand for that critical mineral.

Before an audience of mining supply executives and other business leaders, Gilpin didn't hide his enthusiasm for the future of Vale's North Atlantic operations, which includes Manitoba, Newfoundland, Labrador, Ontario, the United Kingdom and Japan."There's no doubt about it. And it's quite exciting. I know you've probably talked a lot about electric vehicles. You've heard a lot about it. It is something we've been talking about for many years.

"You know, the easiest way to think of it or understand why, is that a nickel-rich EV battery requires between 40 to 60 kilograms of nickel," Gilpin said.

 

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And if the reporters pronounced the name of the company properly, we could stomach listening to them!

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