Vale
Q2 2023 Earnings Call
Jul 28, 2023, 10:00 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good morning, ladies and gentlemen. Welcome to Vale's conference call to discuss the '23 second quarter results. All participants are currently in a listen-only mode. At the end of the presentations, we will provide instructions on how to participate in the question-and-answer session.
This call is being translated simultaneously to Portuguese. [Operator instructions] As a reminder, this conference is being recorded, and the recording will be available on the company's website at vale.com in the area for investors. The slide presentation that accompanies this call is being broadcast on the internet and is also available in the investors area of the company's website. There's a slight two-second delay between the audio and slide change compared to the audio transmitted via phone.
Before proceeding, let me mention that forward-looking statements may be provided in this presentation, including Vale's expectations about future events or results, encompassing those matters listed in the respective presentation. We caution you that forward-looking statements are not guaranteed of future performance and involve risks and uncertainties. To obtain information on factors that may lead to results different those forecast by Vale, please consult the reports Vale's files with the U.S. Securities and Exchange Commission, SEC, the Brazilian Comissao de Valores Mobiliarios CVM, and, in particular, the factors discussed under forward-looking statements and risk factors in Vale's annual report on Form 20-F.
With us today are Mr. Eduardo De Salles Bartolomeo, chief executive officer; Mr. Gustavo Pimenta, executive vice president of finance and investor relations; Mrs. Deshnee Naidoo, CEO of Vale base metals; Mr.
Carlos Medeiros, executive vice president of operations. Mr. Eduardo Bartolomeo will begin the presentation on Vale's second quarter performance. And after that, he will be available for questions and answers.
It is now my pleasure to turn the call over to Mr. Eduardo Bartolomeo. Sir, you may now begin.
Eduardo Bartolomeo -- Chief Executive Officer
Thank you very much. Good morning, everyone. I hope you are all well. Let me start with a very significant milestone that we delivered and announced last night.
We signed a strategic partnership with world-class diversified investors for the energy transition metal business. This partnership attributed a very attractive valuation for our ETM business, which shows that our partners recognize the value generation potential of our assets and how uniquely positioned they are. This is an encouraging starting point for what we believe is a powerful platform for growth. I'll give you more details during the presentation.