Vale has just created the Vale Ventures, a Corporate Venture Capital initiative aimed at investment in pioneering startups around the world, creating new business opportunities and technologies innovations in order to incorporate them into its operations. In this endeavor, the company is committing a capital of around 100 million dollars to this investment. In this sense, Vale believes that sustainable mining is fundamental for the development of the world in general.
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In view of this, to support the transition to these paradigms for a world that configures itself as “more sustainable”, this new initiative will focus on the participation of startups that have their focus on four themes central.
The first is “Decarbonization in the mining chain”. The idea in this area is to make investments that help Vale and its customers to reduce the emission of carbon, supporting the company's ambition to reduce emissions of this gas to be carbon neutral by the year 2050.
The second theme is “Mining without waste”. In this regard, the idea is to reduce waste and the impact it causes on the environment, thus fostering the circular economy and generating new revenue streams.
The third theme is dedicated to “Energy Transition Metals”. The idea is to access the capacity to supply essential metals for the energy transition and boost emerging demands.
And, finally, the fourth theme is “Mining of the future”. Here, the idea is to invest in new technologies that will change the way mining companies run their business today.
Geographer and pseudo writer (or otherwise), I'm 23 years old, from Rio Grande do Sul, lover of the seventh art and everything that involves communication.