Vale has announced a memorandum of understanding with Swedish company GreenIron, focusing on decarbonizing mining industry supply chains in Brazil and Sweden. The collaboration includes feasibility studies for a direct reduction plant in Brazil, to be managed by GreenIron, and the provision of Vale’s iron ore for GreenIron’s commercial operations in Sandviken, Sweden. This partnership aligns with global sustainability goals, targeting innovative solutions to reduce emissions in iron and steel production while strengthening ties between Brazilian and Swedish industries.
