Some of the largest operations of Vale in Brazil are located in remote areas and lack a structured network of local suppliers. To address this gap, Vale’s Local Content Department has initiated the Inove program. Its goal is to support the development of local small and medium enterprises (SMEs) and provide their managers and workers with the relevant skills to meet Vale’s procurement needs and build a positive legacy in the regions where Vale operates.
Key figures:
- 500 SMEs supported
- More than 4,000 people trained