The Mining Lab Challenge program was created to support initiatives of entrepreneurs who wish to develop technological innovation projects for the mining and metallurgy industry.
Initiatives of entrepreneurs around the world will be identified and connected, so they receive an equity-free investment, that is, an investment with no corporate counterpart.
Nexa aims at being a venture client, acting as a client of the initial producer instead of taking part in the capital of your company.
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Another really big part of it was being able to ask questions and ask for help. Nexa has been a fantastic resource mostly because they’ve been open to answer our questions and open to working with us to come with a solution as opose of just thinking that we know the solution all the time.
The best part was being able to talk to the stakeholders directly. The senior management, management and the people who do the work. Talking to them and being able to truly understand the core issues and being able to validate our solutions with them.
We work together. It’s really a win win approach. It’s a model that many companies should follow.
The Mining Lab program connects us to other Votorantim Group companies, partner companies and also opens up new business opportunities. I strongly recommend that any company that can participate, do it. It was an amazing experience for us.
Subscribe/Apply fast because the program is worth it. ZEG is a living proof that Mining Lab works. Without Nexa and Mining Lab Program, ZEG would not be where it is today.
Be duly constituted and registered before the competent bodies and to be regulated according to the law and the constitutive acts of the country of origin.
Allocate exclusively for the project at least two people. At least one of them must be willing to work either in Brazil or Peru, in case the project is selected.
The Mining Lab Challenge is Nexa's open innovation program aimed at searching for innovative solutions to the demands of mining and metallurgy processes in Brazil and Peru.
No. Only projects that have at least one laid out process or product to be tested within’ 1 year (12 months) will be considered. The idea is to take the business model to the market in the short term, so only projects that are already at an advanced stage will be accepted.
You can include your solution at any time in the Insights Channel, available on our registration platform.
The deadline for completing the project validation and testing stage is maximum 1 year (12 months) after the selection and having signed contract.
At the end of the process up to 12 companies will be selected.
The projects will be selected according to the demands of each operation in the company's mining and metallurgy processes in Brazil and Peru. In case the project is selected to be applied in Peru, at least one member must be willing to work there for a period of time.
The online Mining Lab Challenge Bootcamp is an online training that provides the skills, mentoring and information needed to build a work proposal along with Nexa.
Those selected in the online Bootcamp will move to the next phase, the On-site Bootcamp, in a face-to-face interaction. At this stage, the candidates will be assessed by the ability to adapt their projects to Nexa's demands.
At the Mining Lab Platform, an exclusive platform for applications.
Neo Ventures is a corporate accelerator with expertise in programs that stimulate open innovation within organizations. Its role in the Mining Lab Challenge is to support interaction and activities between Nexa's team and the participants.
The company selected by the Mining Lab Challenge cannot have any type of commercial agreement or any relationship, contractual or otherwise, with any market players in Brazil and/or around the world that may be considered a competitor of Nexa.
Nexa is committed to provide all sort of support to those selected in the Mining Lab Challenge. There will be promotion of partnerships for the co-development of new technologies and the possibility of probation in the factory environment. Coaching and mentoring are also part of the plan, aiming at assisting in the development of projects. The Mining Lab Challenge is equity free, that is, an investment with no corporate counterpart.
It depends on Nexa's strategy, on the project's testing and validation. If results are proven, the company might become a supplier.
The Mining Lab Challenge requires participating companies to be duly constituted and registered before the competent bodies and to be regulated according to the law and the constitutive acts of the country of origin.
It is worth mentioning that at least two people have to be allocated exclusively for the project.
At least one of them must be willing to work either in Brazil or Peru, if the project is selected.
WHEREAS NEXA wants to receive certain Confidential Information (as defined below) about the Disclosing Party in order to evaluate the possibility of the Parties to work together under the Mining Lab Program; and
WHEREAS the Parties wish to establish confidentiality and secrecy obligations to be complied with and by NEXA, as well as to treat the information assigned as Confidential Information (as defined below) under the terms of this instrument,
THEREFORE, the Parties RESOLVE, on a mutually basis, enter into this confidentiality agreement ("Agreement" ), which is governed by the following terms and conditions:
For the purposes of this Agreement, unless the context requires otherwise, the following terms shall have the respective meanings set forth below, and any grammatical variations of such terms shall have the corresponding meanings:
Authority means any capital market supervisor, governmental, judicial or regulatory authority, any agency that has jurisdiction over the receiving Party;
Confidential information has the meaning set forth in Clause 2.
Individual means any individual or legal entity, investment fund or consortium, formally incorporated or not.
Intellectual Property Rights means any intellectual property right, thus considered under the applicable law, including, but not limited to trademarks, patents, software, programs or any other form of similar rights or application to these rights anywhere in the world.
Representatives means managers, directors, attorneys in fact, employees and other representatives who are appointed by the Disclosing or by NEXA, as applicable.
For the purposes of this Agreement, the term 'Confidential Information/' includes:
(i) all information and data of any kind, including but not limited to information and business, fiscal/tax, financial, operational, logistical and legal data, reports, drawings, specifications, formulas (contained in samples, products and others) research, interpretation, forecasting, business strategies and analysis, trade secrets, marketing and/or business plans, from marketing, know-how, mental impression, techniques, or legal assets, ideas, personnel information and sales, products or pricing, samples, information about customers or potential customers, information about suppliers or potential suppliers, information about systems, including communication and information systems, and information about the ability of, or plans to, existing or future technologies that have been or that will be disclosed by the Disclosing Party and/or its Representatives, including Intellectual Property Rights, whether in the written form, by electronic means or any other form of data.2.2
The following shall not be considered Confidential Information for the purposes of this Agreement:
(i) by the time of disclosure to NEXA the information is in public domain or was obtained by NEXA from various legitimate sources;
(ii) Has been developed independently by NEXA, without using the Confidential Information; and/or
(iii) Which disclosure was made prior to this Agreement or expressly authorized in writing by the Disclosing Party.
NEXA expressly agrees to maintain in strict confidentiality and to keep absolute secrecy about all Confidential Information, which shall not be disclosed to any third party, except upon express authorization from the Disclosing Party, during the effectiveness of this Agreement and the period of 1 (one) year after the date on which the Parties have terminated their relationship, for any reason.3.2
NEXA shall not use any Confidential Information for the purposes other than for the analysis of the information regarding the Disclosing Party. The use of the Confidential Information shall not, in anyway, harm the business of Disclosing Party.3.3
NEXA is responsible for maintaining the security and control of the Confidential Information, and shall handle thereto with the same level of care and discretion used for its own similar information that it does not want to have disclosed, published or disseminated.3.4
NEXA undertakes to inform its Representatives, if applicable, the strictly confidential nature of the Confidential Information, being liable for any breach by its Representatives of any of the provisions set forth herein.3.5
NEXA agrees to have the Representatives of the NEXA sharing the Confidential Information only with those other Representatives of NEXA, which must have the knowledge of the information.
The Disclosing Party represents and ensures that the Representatives of the Disclosing Party have all the necessary authority, ownership and right to disclose the information to NEXA.
Any and all Confidential Information disclosed by the Disclosing Party will remain as exclusive property thereof.5.2
NEXA is aware that all right, title and interest regarding the Confidential Information shall remain exclusive property of the Disclosing Party and that no interest, license or other rights concerning Confidential Information is granted hereby to NEXA or its Representatives.5.3
NEXA undertakes to destroy all material received with respect to the Confidential Information, including any copies and reports or other documents prepared for the purposes established herein, up to thirty (30) days after a written request from the Disclosing Party or after the date on which the Parties have terminated their relationship for any reason.5.4
NEXA should elect a copy of the Confidential Information to be retained by its legal advisors, under the irrevocable condition that such copy will be used only as evidence in any dispute or threat of dispute between the Parties, in order to assist NEXA with the information that the Confidential information was in fact being disclosed by the Disclosing Party to NEXA.
NEXA shall inform within five (5) business days to Disclosing Party about any court order or request from the proper authority requiring the disclosure of any of the Confidential Information. The Disclosing Party shall take the legitimate measures deemed necessary to prevent such disclosure, always with the assistance of the NEXA. If the Disclosing Party is unable or does not intend to avoid such disclosure, NEXA:
(i) shall disclose to the proper authority only the information which is strictly necessary to comply with the order or request;
(ii) shall inform such authority about the strictly confidential and sensitive nature of information; and
(iii) shall require that the procedure or process remains confidential and in secrecy, or that sufficient measures are taken to preserve the confidentiality of the information.
In the event NEXA or its Representatives, if applicable, breach any obligations listed in this Agreement, NEXA shall indemnify the Disclosing Party for any losses and direct damages assessed in court or by arbitration award, notwithstanding to immediate cease any practices prohibited by this Agreement.7.2
Notwithstanding the rights or other legal remedies available to the Disclosing Party, indistinctly this should require specific execution of his Agreement, or any applicable legal measure, in the event of a breach or threatened breach of this Agreement by NEXA or its Representatives, if applicable.
The Parties hereby undertakes to comply entirely with Law number 12,846/2013 (“the Brazilian Anti-Corruption Law”) and represents to be aware of all terms and definitions provided in the Brazilian Anti-Corruption Law, which defines as harmful act to promise, offer or give, directly or indirectly, unjustified advantage to public officer or to third-party related thereto, among others.8.2
In addition to the provisions of the Brazilian Anti-Corruption Law, the Parties undertake to fulfill and comply with all provisions of the Anti-Corruption Policy of NEXA, as well as the main legislations in force that refer to the anti-corruption subject, especially the following ones, as applicable: OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions 1997 (OECD Convention); (ii) the United Nations Convention against Corruption 2003; (iii) the Foreign Corrupt Practices Act of 1977 of the United States of America (FCPA); (iv) the Bribery Act 2010 of the United Kingdom (UK Bribery Act).8.3
The Parties represent not to offer, promise, authorize, request or accept any unnecessary advantage, of the pecuniary kind or any other kind related to the object of this Agreement, as well as take reasonable measures to prevent that its subcontractors, agents or any other third-parties subject to its control, perform any of the illegal acts mentioned in this clause and/or provided for the Brazilian Anti-Corruption Law, to require the compliance with the provisions contained in this Clause.8.4
The Parties by itself and by its managers, directors, employees, agents, members, subcontractors and any other third-parties involved in this Agreement represent not to use, during the effectiveness of this Agreement any benefit or advantage resulted from public officers of the direct or indirect public administration employed in the government or members of political parties that are in non-compliance with the laws and represent tort act.8.5
The Parties when becoming aware of that any of its agents or employees have not complied with the assumptions and obligations agreed hereby shall immediately and spontaneously report the fact to the other Party along with an action plan to (i) immediately dismiss the employee or agent; (ii) prevent that such acts recur and (iii) ensure that this Agreement should remain effective, subject to the penalties provided in this Clause.8.6
The Parties and its employees, when acting on the behalf or defending the other Party´s interests before agencies, authorities or public officers should not give, receive or offer any gifts, advantages or favors to public agents, above all with the purpose of obtaining any kind of favor to or for any of the Parties.8.7
Furthermore, the Parties must immediately inform the other Party, if one of its managers, directors, employees, agents, members or subcontractors third-parties are appointed as public officers of the direct and indirect public administration, recognizing that such appointment should automatically result in the termination of this Agreement, if such fact should result in conflict of interests with the provision hereof.8.8
Any of the Parties shall be entitled to perform, at any time, audit proceeding to make sure of the continuous compliance with the representations and warranties given by the Parties in this Clause, upon forwarding of prior notice. The Party under audit should cooperate entirely with any audit performed pursuant the terms of this Clause or of this Agreement.8.9
Any breach of the anti-corruption standards by the breaching Party, in any of its aspects, shall lead to the immediate termination of this Agreement with cause, by the Innocent Party, notwithstanding the remedy for damage caused to the Innocent Party. The Breaching Party is aware of that the Innocent Party is authorized, in the event of practices that affect the Anti-Corruption Policy of NEXA or against the legal provisions described in this clause, to send reports to the proper authorities.
The Agreement shall be governed by and construed in accordance with the laws of Brazil.9.2
The Agreement shall be governed by and construed in accordance with the laws of Brazil.
This agreement enters into full force and effect on the date hereof and shall be in force and bind the Parties and their successors in any capacity for an indeterminate period.10.2
Any modifications, amendment or waiver of this Agreement shall be formalized by instrument signed by the Parties.10.3
If any provision of this Agreement is illegal or unenforceable, in any extent, under any legal determination, such provision shall not be part of this Agreement and the fulfillment of the other provisions should not be affected.10.4
Any omission or tolerance by any Party in requiring the strict performance of the terms and conditions set forth herein shall not be deemed novation or waiver to the rights herein set forth, which shall be fully and entirely performed at any time by the Party.10.5
The assignment is prohibited by any of the Parties of rights and obligations under this Agreement, without express prior written consent of the other Party.10.6
This Agreement replaces all previous understandings and discussions which shall constitute the sole agreement between NEXA and Disclosing Party with regard to Confidential Information.
In witness whereof the Parties sign this agreement in three (3) counterparts of the same text and form before the witnesses identified hereunder.