Cutifani, after two years, took the Vale’s base metal workers

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Mark Cutifani, Cutifani, as the company has a pure list for parent company Vale’s copper and nickel produces a net list, as a chair of the parental base.

Brazilian iron ore company Valehouse In 2023, as a separate unit, as a separate unit of base metals, the same year, Anglo, a former chief executive of Anglo, appointed Cutifani.

Vale base metals are preparing to be among the fastest growing in the world nail Manufacturers – Aims to double copper production, just as few new mines in Brazil.

Vale’s new CEO Gustavo Pimenta will replace Cutifani as the chairman of the VBM from July, companies are in separate statements on Wednesday.

Cutifani’s march, Saudi miners are due to a possible primary open offer for the possible VBM for the VBM, which has 10 percent of $ 2.5 billion in 2023.

Cutifani, Saun USMAR and the executive team of the VBM CEO Saun Usmar and the executive team helped to begin. According to him, his work has always been planned to increase the productivity, and the company is planned to be ready for a potential IPO.

“Saun is in place and has already done good work, and therefore did not look at her shoulder,” Cutifani said in an e-mail for financial time.

“When the leadership stepped, it is time to make room for the foundation back and create a room to create your own future. I was excited that we were there so quickly.” Cutifani said that Pimenta took the role of the department, because he will be the last decision on the VBM. “In this context, we allowed them to step into the steps and continue to continue the team’s evolution,” he said.

He added that he would implement other projects, including other projects, original finance, boutique Investment Bank.

The main priority for the main metal for pimenta is to increase its annual production from 350,000 tons from 700,000 tons to 700,000 tons – mainly by expanding projects in Carajás in Brazil.

He sees an IPO as one of several options to access the VBM’s capital, but in the opinion of people who are familiar with the thinking do not believe the attachment of a list.

Pimenta, Cutifani’s work is grateful to “optimize the active portfolio, optimize, management and execution”.