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The premier said the success of the province's mining industry, and Voisey's Bay in particular, has "earned Newfoundland and Labrador a position on the global stage. " "This is a province that is open for business and people are showing up, " said Ball. Vale had halted the expansion project in 2017 as it reviewed global operations when nickel prices dropped. Bartolomeo said the underground mine was always the "natural evolution" of Vale's operations in Labrador, and the company is eager to expand. "We are ready to fulfil a long-standing commitment to this project, " said Bartolomeo, Vale's executive officer for its base metals division. Mining analysts say excess nickel inventory prompted global producers to be conservative about spending, but the long-term outlook is bright because of the metal's use in electric car batteries and stainless steel. "I look forward to a long, continued partnership, well into the future, " said Ball. Memorial University engineering professor Faisal Khan, Vale's former research chair in process risk and safety engineering, said when he was assessing the company's mining operations, it was up-to-date with emergency preparedness and safety operations.
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Snapshot of Operations
Operations at Vale's open-pit mine and concentrator at Voisey's Bay in Labrador began in 2005. This 6, 000 tonnes-per-day facility produces two types of concentrate: nickel-cobalt-copper concentrate and copper concentrate. Nickel concentrate produced at Voisey's Bay is currently processed at our hydrometallurgical processing facility in Long Harbour, Newfoundland. Voisey's Bay is a fly-in/fly-out operation. Significant infrastructure is required to support the mine and concentrator and to ensure a safe and comfortable living environment for the people that work at the site. Partnerships with Aboriginal People
Since Voisey's Bay is located in an area subject to land claims by both Innu Nation and the Nunatsiavut Government, we have negotiated separate Impacts and Benefits Agreements (IBA) with these two aboriginal groups. Through the IBAs, we have established specific employment commitments for Innu and Inuit and we give first consideration to aboriginal businesses to provide goods and services to our operation in Voisey's Bay.
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