H2 Green Steel has signed an agreement with Brazilian mining major Vale to jointly study the feasibility of setting up green industrial hubs in Brazil and North America.
In those potential centres, H2 Green Steel says it is exploring the production of low-carbon steel value chain products, including green hydrogen and hot briquetted iron (HBI), by using iron ore briquettes produced by Vale.
Vale, under a previous agreement, is planned to supply H2 Green Steel’s green steel plant in Boden, Sweden, with iron ore pellets – one of the two, alongside green hydrogen, feedstocks for the direct reduction of iron.
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