vale foundation and wheaton precious metals

A longpath
partnership

Partnerships are not just trade agreements. They are meetings of visions, sharing of dreams and the fusion of talents to transform realities. When two partners come together for a social purpose, they combine much more than their capabilities: they multiply opportunities.

Wheaton Precious Metals' relationship with Vale began in 2013, thanks to a contract to purchase the gold mined as a byproduct of the Salobo copper mine in Pará. However, the principle of delivering value through its production chain naturally led Wheaton to strengthen ties with the Vale Foundation.

Through its Partner Community Investment Program, Wheaton signed, in 2015, the first collaboration agreement with the Vale Foundation. A partnership initially focused on strengthening basic health care in Parauapebas, Pará, but that soon would grow and extend to other themes and territories.

Today, 32 municipalities in Pará and Maranhão enjoy the positive effects of the Vale Foundation's work made possible with the contribution of Wheaton. These are initiatives in the areas of

Health, Education, Income Generation and Combating Extreme Poverty, which have already received more than US$ 11.4 million from 2015 to the end of 2023, which makes the company the main partner of the Vale Foundation.

Beyond the numbers, the partnership demonstrates the power of the impact we are able to generate when social investment is made together. The relationship of trust and mutual understanding about the challenges that must be faced naturally lead us to new initiatives, inspired by the significant results seen in the field, with multi-year programs that help to strengthen a series of public policies.

Thus, we have created an enabling environment for communities to exercise their autonomy and take ownership of the opportunities sown, in addition to enhancing the benefits of investment, motivating the engagement of other companies and transformation agents.

This report is, above all, an invitation to go on this journey together.

OUR JOURNEY

2015

Wheaton’s 1st social investment with the Vale Foundation to support Health Cycle in Parauapebas

2015

2016

Health and Dental Program begins at the Marabá and Tucumã Knowledge Stations

2016

2017

Infrastructure investment to the Marabá Knowledge Station

2017

2018

Wheaton supports the Women of Maranhão Network to develop social entrepreneurs along the Carajás railroad

2018

2019

Enlargement of the social initiatives supported, embracing education, income generation and health projects in the southeastern area of Pará and Maranhão | Inova Up project is lauched to help young entrepreneurs to develop sustainable products

2019

2020

Wheaton and Vale invest USD 1M and push USD 1,3M to implement Mask+Income initiative with 23 other investor partners, besides contributing to pandemic emergency actions | Networked Territories project begins in Marabá

2020

2021

Support to projects focused on women: Women of Maranhão Network continuity and Network+Income launch| Networked Territories expands its activities to the southeast of Pará State

2021

2022

Actuation in hubs with integrated programs requires joint efforts and multi-year funding | Health and Social Protection Cycle is initiated in Para with BNDES as an additional partner

2022

2023

Support for concept tests related to initiatives at fighting extreme poverty

2023

2024

Side by side: the Vale Foundation and Wheaton keep up the work to help transform people's lives.

2024

36,000

Students
benefited from
literacy actions

7,330

Students
reintegrated
into school

1,297

Teachers and
education
professionals
trained

310

Schools
benefited from
education
projects

networked territories

literacy trails

literary routes and networks

11,140

Professionals
trained

912

Public units
mobilized

10,138

Items donated

2M

Estimated
people
benefited

Health and Social
Protection Cycle

104

Women united
in a community
collective

18

Young
entrepreneurs
boosted

26

Social
businesses
created

1,001

People
benefited
during the
pandemic

Women of Maranhão Network

INOVA UP

Mask+Income and Network+Income

1,768

Babassu
coconut
breakers
engaged

1,846

Families
benefited

5,645

People
reached in Marabá

Babassu Coconut Breakers Project

Citizenship
Networks

3

Socio-
educational
equipments

5,118

People
benefited

2,665

Health
appointments
in 2Q24

Health

Infrastructure