Market Analyst, Copper

Who We Are

We are Vale Base Metals – a global supplier of the critical minerals transforming the future. With industry‑leading reserves of copper and nickel in Canada, Brazil, and Indonesia, and state‑of‑the‑art infrastructure in the U.K., Canada, and Japan, VBM delivers a secure and responsible supply of high‑quality products to customers across Europe, the Americas, and Asia.

We are currently seeking a Copper Market and Industry Specialist to join our Commercial team in Toronto. This is a permanent Hybrid position.

As a Copper Market and Industry Specialist, you will conduct macro‑economic and pricing analysis across Vale Base Metals’ copper portfolio, developing industry supply and demand analysis, price forecasts, and competitive intelligence. You will maintain pricing models and analyze global market drivers including economic indicators, commodity prices, premiums, derivatives, and policy impacts. You will support the organization’s strategic planning and participate in discussions on market opportunities and risks.

You will also collaborate closely with commercial sales and technical marketing, providing insights into copper products.

• Provide analysis on key macro‑economic factors influencing copper supply and demand, ensuring consistent integration into forecasting models.
• Develop supply and demand analysis for copper, providing the market balance including market segments, regions, and the supply level considering existing operations, projects, and start‑up dates.
• Develop Excel‑based pricing analytics tools to capture key inputs and recommend short‑term and long‑term pricing.
• Conduct in‑depth analysis of copper market indicators, prices, premiums, etc.
• Participate in discussions around market opportunities and risks to support short‑term and long‑term business and strategic planning.
• Collaborate with teams to produce market insights and reports.
• Maintain and enhance market and forecast models.
• Prepare and deliver presentations on market analysis.
• Prepare and contribute with internal reporting on market developments (weekly, monthly, quarterly) to executive audience, internal broader audience, and external audience.
• Support executive leadership and Investor Relations with timely market data.

Education: Undergraduate degree in relevant discipline is required.

Experience: 8‑15 years of experience in the field.

Skills:

• Strong understanding of marketing, sales & finance fundamentals.
• Strong communication & presentation skills.
• Solid knowledge of the end‑uses/products served by Vale Base Metals.
• Strong analytic skills with attention to detail.
• Strategic thinking & leadership.
• Strong problem‑solving skills.
• Creativity & innovative thinking.

• Competitive compensation including a variable annual incentive plan.
• Participation in a competitive Defined Contribution Pension package.
• Comprehensive benefits package (company paid core coverage, health and dental coverage, flex accounts, disability plans and optional insurances).
• Leave for all of life’s reasons (vacation, personal, sick, parental).
• Flexible work arrangements.
• Work culture dedicated to safety, diversity & inclusion, and career growth.
• Employee Family Assistance Program.
• Virtual Healthcare online.
• Online training and career development opportunities.

Vale's Toronto office, nestled in the heart of Canada's largest city, serves as a pivotal hub for the company's operations. This office is central to Vale’s IT, strategic planning, Human Resources, and legal affairs, driving key initiatives that support the company's global mission. Toronto’s vibrant, diverse, and dynamic environment enhances Vale’s ability to innovate and excel in these critical areas, reflecting the city's status as a leading international business center.

At Vale Base Metals, we are committed to ensuring an inclusive work environment where people can act like owners, being their authentic selves and empowering them to deliver results. Vale Base Metals encourages everyone to express their ideas and opinions and values the plurality of individual profiles. We want our people to feel that all voices are…