Vale expects research, innovation investments to top $400 million in coming years
Adds quotes from executive, details from paragraph 3
BELO HORIZONTE, Brazil, Sept 11 (Reuters) -Brazilian miner Vale VALE3.SA expects to invest more than $400 million in research, development and innovation (RD&I) annually in the coming years, the firm's executive vice president of technical affairs told Reuters.
In 2023, the company invested $447.8 million in RD&I.
"The idea is to keep it more or less on that scale," Rafael Bittar said in a Tuesday interview on the sidelines of a mining congress in Belo Horizonte.
"Maintaining this level of investment, which is a relatively high one, is what enables us to implement our entire RD&I strategy to support our future Vale strategy."
The executive acknowledged that the way the company operates today probably will change over time.
"Things are changing and we have to be able to be prepared for this future and also anticipate what might happen."
As an example, Bittar said that his technical area has a road map of what future mining might look like, forecasting comprehensive use of autonomous equipment, control centers, minimally invasive techniques and enough subsoil knowledge to extract only what is needed, with zero waste, rejects and carbon.
According to Vale data, the firm currently has some 800 people dedicated to innovation in Brazil and 11 RD&I programs, in addition to six RD&I centers and 12 innovation hubs employing around 500 people.
Reporting by Marta Nogueira; writing by Luana Maria Benedito; editing by Gabriel Araujo and Elaine Hardcastle
免责声明: XM Group仅提供在线交易平台的执行服务和访问权限，并允许个人查看和/或使用网站或网站所提供的内容，但无意进行任何更改或扩展，也不会更改或扩展其服务和访问权限。所有访问和使用权限，将受下列条款与条例约束：(i) 条款与条例；(ii) 风险提示；以及(iii) 完整免责声明。请注意，网站所提供的所有讯息，仅限一般资讯用途。此外，XM所有在线交易平台的内容并不构成，也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。
所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。
本网站上由XM和第三方供应商所提供的所有内容，包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接，皆保持不变，并作为一般市场评论所提供，而非投资性建议。所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为适用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解，XM非独立投资研究提示和风险提示相关资讯，更多详情请点击 这里。
