Vale, GreenIron to explore decarbonization projects in Brazil, Sweden
Iron ore briquettes. (Image courtesy of Vale.)
Brazilian miner Vale said on Tuesday it has signed a memorandum of understanding with Swedish firm GreenIron to develop initiatives aimed at decarbonizing the mining industry supply chain in Brazil and Sweden.
The partnership includes studies on the feasibility of a direct reduction plant to be operated by GreenIron in Brazil and the supply of Vale iron ore to GreenIron’s commercial operations in Sandviken, Sweden, the mining giant said in a statement.
(By Gabriel Araujo; Editing by Jason Neely)
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