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Vale to Sponsor Brazil’s Olympic Committee Through Los Angeles 2028

The pact uses Brazil’s sports tax‑incentive model to channel money from local projects into Olympic preparation.

Overview

  • The sponsorship, announced Friday, covers the full Olympic cycle through the Los Angeles 2028 Games.
  • Vale disclosed R$7 million routed via the Federal Law of Sports Incentive, while the company did not reveal the total investment.
  • Support will run from grassroots programs to elite sport, including backing for the COB’s Transforma education initiative.
  • The agreement was signed during kit distribution for the Corrida Time Brasil event, with an early activation set at the Pan American Gymnastics Championship starting May 31 in Rio.
  • The miner reports about R$560 million invested in five years through the incentive law and plans to use its footprint across five states to widen access in smaller cities.