Vale and GreenIron will collaborate to establish an iron ore supply chain through a Brazilian direct reduction facility, advancing green hydrogen-based iron production for European markets.
Under a Memorandum of Understanding (MOU), the two companies will focus on the supply of Vale’s iron ore agglomerates to GreenIron’s commercial operations in Sandviken, Sweden, where hydrogen is being used to produce iron.
Through a feasibility study, they will explore a suitable site for the Brazilian project, considering renewable energy and resource supply options.
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