Vale announces 1.25-million-dollar Community Improvement Fund

About Vale

7/8/2022

Vale announces 1.25-million-dollar Community Improvement Fund

Port Colborne, ON (July 8, 2022) – At an announcement on West Street today, Vale Canada Limited announced a 1.25-million-dollar community improvement fund designed to support local economic development and community connectivity in the City of Port Colborne, benefiting both residents and visitors to the city.

“Vale is very proud to partner with the City of Port Colborne with this fund,” said Nadeem Khan, Manager of Vale’s Port Colborne Refinery. “As one of the largest employers in the City of Port Colborne, it’s important for us to give back to the community that has been home to our refinery for more than 100 years.”

The 1.25-million-dollar fund will be allocated between five projects across the City, focusing on city-wide investments in infrastructure, specifically around community culture and recreational spaces:

- Naming rights to Port Colborne’s future Waterfront Centre for 15 years
- Nickel Beach improvements, including new washroom facilities
- Lockview Park Redevelopment
- New Welland Street Trail, connecting Nickel Beach to Port Colborne’s downtown; and
- Captain level sponsor of the annual Canal Days Marine Heritage Festival for the next 15 years

More information about these projects is available here​.

“The City of Port Colborne is thankful for our partnership with Vale and their historic and on-going support of our community,” said Bill Steele, Mayor, City of Port Colborne. “As we plan for the future, council and staff look to provide an exceptional small-town experience in a big way, and this community fund and the projects these funds are leveraging, will help us do that for our residents.”

About Vale

Vale is one of the world’s largest mining companies, present across five continents. Vale is also the world’s largest producer of nickel, with our Base Metals business headquartered in Toronto. Operating in Canada for more than 100 years, our Canadian operations produce nickel, copper, cobalt, platinum group metals, gold and silver. Vale has a cobalt and precious metals refinery in Port Colborne, Ontario. For more information, please visit: www.vale.com​.

About the City of Port Colborne

Located on the south coast of the scenic Niagara Region, with a mission to provide an exceptional small town experience in a big way, Niagara’s Port of Call has found the perfect balance – successful industrial and commercial sectors, comfortable and scenic residential areas, white sand beaches, unique culinary choices, the world class Sugarloaf Marina, fishing, golfing, trails, shopping districts along the historic Welland Canal and an energized festival and entertainment scene that includes live theatre – truly a community that adds to the overall Niagara experience. To learn how you can PORTicipate with us, visit our website​.

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For more information, contact:

Michelle Idzenga   ​Danica Pagnutti
Corporate Communications Officer
  Corporate and Indigenous Affairs
  Vale Ltd., Ontario Operation​​
​905-835-2900 x 307   705-682-7165​
michelle.idzenga@portcolborne.ca   danica.pagnutti@vale.com

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Vale announces 1.25-million-dollar Community Improvement Fund