Vale Inco
| Vale Inco
|
|
|---|---|
 |
|
| legal form | Subsidiary of Vale |
| founding | 1902 |
| Seat |
Toronto , Canada
|
| management | Murilo Ferreira ( CEO ) |
| Branch | raw materials |
| Website | www.vale.com |
Vale (formerly Vale Inco, CVRD Inco ) is a Canadian mining company based in Toronto and a subsidiary of the Brazilian mining company of the same name . Vale is legally managed independently from the parent company in the legal form of a Limited . The company is the world's second largest nickel ore mining company and an important platinum supplier .
The company was founded in 1902 under the name International Nickel Company in New Jersey , USA as part of a merger of the Canadian Copper, Orford Copper Company, Société Minière Caledonienne and others.
In June 2006, the US mining company Phelps Dodge announced that it would acquire the Canadian company. A bidding war took place for the shares that were in free float. However, the winner of the bidding competition was an bystander, the Companhia Vale do Rio Doce (CVRD). The Brazilian company announced on October 24, 2006 that CVRD had bought 75% of Inco shares. This is how the second largest mining company in the world came into being. Part of the takeover agreement was that Inco would remain an independent nickel division of the CVRD and that the other nickel mining activities would also be assigned to the parent company.
On November 29, 2007, the parent company CVRD was renamed Vale and the subsidiary CVRD Inco was renamed Vale Inco . Since May 2010 the former Inco has been operating under the name Vale and with the same logo like the parent company .
At its facility near Greater Sudbury , Ontario, the company has the Inco Superstack, the second tallest chimney in the world. Other important locations in Canada are Thompson , Port Colborne and Voisey's Bay. Vale is also active in Great Britain (Acton and Clydach), Indonesia, Brazil and New Caledonia .
Mines and smelters
Canada
- Ontario
- Coleman Mine
- Copper Cliff North Mine
- Copper Cliff South Mine
- Creighton Mine
- Frood mine
- Garson Mine
- Stobie Mine
- Clarabelle Mill
- Dead mine
- Copper Cliff Smelter (Inco Superstack)
- Manitoba
- Birchtree Mine
- Thompson Mine
- Newfoundland and Labrador
- Voisey's Bay Mine
- Long Harbor Nickel Processing Plant
rest of the world
- PT Inco, Indonesia
- New Caledonia
literature
- Inco Limited International Directory of Company Histories, Vol. 45. St. James Press, 2002. Detailed description of Inco's history. Retrieved August 24, 2011.
- The INCO story ... A tale of three marriages . Article by Marty McAllister, accessed August 24, 2011.
Web links
- Vale Canada website
- Former Inco company website, as of February 2006 ( Memento from February 10, 2006 in the Internet Archive )
- Rheebu Nuu - indigenous group attempting to halt Inco's mining projects in the South Pacific
Individual evidence
- ↑ Vale, Vale Inco and Ontario Operations - Facts Sheet ( Memento of the original from September 1, 2011 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. on the Vale Collective Bargaining website
- ↑ Vale Inco: CVRD Inco changes name to Vale Inco ( Memento of the original from March 30, 2008 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , dated November 29, 2007
- ↑ Vale Inco Announces Name Change To Vale ( Memento of the original from May 30, 2010 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Vale press release dated May 27, 2010. Retrieved August 14, 2011.
