Video News/BMO Capital Markets 2025

Untapped potential in battery metals? Kitco’s Senior Mining Editor and Anchor Paul Harris interviews Shaun Usmar, CEO of Vale Base Metals, on the sidelines of the 2025 BMO Global Metals, Mining & Critical Minerals Conference. Usmar discusses Vale Base Metals' ambition to potentially double its copper production by 2035 by optimizing existing assets and infrastructure in Brazil's Carajás region. He also explains the strategic spin-out from Vale to unlock the value potential of their nickel and copper assets and outlines the company's focus on cost efficiency and strategic partnerships. Special thanks to our sponsor, First Majestic, for making this coverage possible. Visit https://www.firstmajestic.com/ to learn more.