Copper $ 5.6358 / lb 2.72%
Brent Crude Oil $ 104.4 / bbl -4.21%
Palladium $ 1496.5 / ozt 5.39%
Crude Oil $ 101.85 / bbl -3.06%
Natural Gas $ 2.89 / Btu 0.10%
Silver Futures $ 75.495 / ozt 7.47%
Aluminum Futures $ 3314.25 / ton -1.21%
Micro Gold Futures $ 4713.1 / ozt 3.80%
Micro Silver Futures $ 75.48 / ozt 7.54%
Platinum $ 1973.85 / ozt 4.22%
Gold Futures $ 4713.3 / ozt 3.84%
Go to MDC Markets

Vale, GreenIron to explore decarbonization projects in Brazil, Sweden

Reuters | January 7, 2025 | 6:38 am Suppliers & Equipment Top Companies Europe Latin America Iron Ore 
vale briquette
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)

Comments

Your email address will not be published. Required fields are marked *

No comments found.

More News

{{ commodity.name }}