Vale, GreenIron to explore decarbonization projects in Brazil and Sweden

Global mining giant Vale and Swedish technological company GreenIron have entered into a Memorandum of Understanding (MOU) to jointly explore decarbonization initiatives in Brazil and Sweden, Mysteel Global learned from Vale's release on January 7.

The collaboration will focus on developing a feasibility study for a pioneering direct reduction facility in Brazil, with GreenIron leading the project's operation. In addition, Vale will supply iron ore agglomerates to GreenIron's commercial facility in Sandviken, Sweden. The feasibility study for the Brazilian facility will evaluate site selection, renewable