Video: “Productivity is lagging in Canadian mining industry” — former Vale Base Metals CEO

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Regarding the state of Canada’s mining sector, Naidoo says that while the country is rich in mineral reserves, it is not maximizing production. She emphasizes the need for improved competitiveness and productivity to unlock the full potential of these resources.

She also discusses the importance of government support, noting that while there have been substantial investments in areas such as electric vehicle production, similar support for mining projects is lacking. She advocates for a more balanced distribution of funding across the entire value chain.

On her recent departure as CEO of VBM, Naidoo says her family was the catalyst for stepping down, as her role required extensive travel, keeping her away. 

Over the next decade, VBM plans to invest $25-30 billion in strategic mineral projects in Canada, Brazil and Indonesia. The aim is to nearly triple copper output to 900,000 tonnes a year and to almost double nickel…

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