For an informative six-minute interview between Sudbury Star staff and Vale top executives, John Pollesel, chief operating officer for Vale’s North Atlantic operations and Jon Treen, general manager of Vale’s Ontario operations click here: http://www.thesudburystar.com/ArticleDisplay.aspx?e=2935261&auth=John
Sudbury Better Off With Vale
There is no question in John Pollesel’s mind that Sudbury is better off with Vale running its largest mining company than it was in the old days of Mother Inco.
Vale’s chief operating officer for the North Atlantic doesn’t necessarily agree with Industry Minister Tony Clement’s opinion that Sudbury would have become the “Valley of Death” if Brazil-based Vale had not purchased it four years ago.
“Inco on its own, without somebody coming in, it would have been a tough go, there’s no question,” Pollesel said Tuesday.
When you look at the $2 billion Vale will invest in its atmospheric emissions reduction project in Sudbury, and its total projected investment of $3.4 billion to the year 2015, “We needed an investment of capital here, and that’s something that Vale has provided,” said Pollesel.
The Vale executive, who took on new duties as chief operating officer with Vale in Canada and the UK last October, participated in a 75-minute editorial board meeting with The Sudbury Star. Continue Reading →