The agreement with VALE-FAPEMIG-FAPESPA was signed in October 30, 2009, by FAPESP, Vale S.A. , FAPEMIG - Fundação de Amparo à Pesquisa do Estado de Minas Gerais and FAPESPA - Fundação de Amparo à Pesquisa do Estado do Pará.
The purpose is to lead and support cooperative research projects on science, technology or innovation to be developed by researchers and/or research teams from public or private higher education and/or research institutions, respectively in the states of São Paulo, Pará and Minas Gerais.