https://www.engineeringnews.co.za

Vale Base Metals CEO steps down

4th December 2023

By: Creamer Media Reporter

     

Font size: - +

Deshnee Naidoo has announced her resignation as CEO of Vale Base Metals (VBM) on March 31, 2024.

The board has initiated the process to identify and appoint a new CEO, who will be based in Toronto, to succeed Naidoo in leading VBM.

“Having led the successful carve-out of VBM from Vale, now is the right time for me to hand over to a successor who will take the business on to the next phase of growth,” commented Naidoo.

Chairperson Mark Cutifani thanked Naidoo for her commitment to VBM. “She was instrumental in guiding the company through the carve-out of the business earlier this year, which has positioned the company for value-creating growth in the coming years.

“For our producing operations and development projects, business improvement continues to be the focus. I look forward to working with Deshnee until the end of March as we guide the business to the next stage of our journey,” said Cutifani.

Over the next decade, VBM maintains its plans to invest $25-billion to $30-billion in strategic mineral projects in Brazil, Canada and Indonesia, with the aim to nearly triple copper output to 900 000 t/y and to almost double nickel production at the same time to 300 000 t/y from 160 000 t to 175 000 t.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Advanced Fire Suppression Technologies
Advanced Fire Suppression Technologies

Established on 1 March, 2000, by Barries Barnard, Advanced Fire Suppression Technologies (AFST) and the Advanced Group stands as Sub-Saharan...

VISIT SHOWROOM 
Vikela Aluvin (Pty) Ltd
Vikela Aluvin (Pty) Ltd

Complete range of security sealing solutions including security seals bags and labels.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.059 1.034s - 140pq - 2rq
Subscribe Now