Vale in Oman announced it has signed an agreement with OQ Alternative Energy (OQAE) during Oman Sustainability Week, as part of its strategy to decarbonize operations and shift industrial energy use to renewable sources. The agreement aims to develop renewable energy solutions to power the pelletizing plant in Sohar Port and meet future energy demands for the planned Green Metallic Mega Hub in Duqm.
Saleh Al Muslahi, CEO of Mega Hubs at Vale, stated, “Large-scale decarbonization requires strategic planning and reliable energy access. This partnership with OQAE is a key step in accelerating our transition and laying the groundwork for our new mega hub in Duqm.”
Najla Zuhair Al Jamali, CEO of OQAE, added, “Our collaboration with Vale sets the foundation for a new model of sustainable industrial growth in Oman. Through energy innovation, we’re supporting both national development and global climate goals.”
The agreement outlines cooperation in areas such as energy supply, land use, and long-term planning, enabling Vale to integrate renewable energy into its operations. The company is committed to supporting decarbonization in the mining sector and aims to transition to net-zero steel production. In Oman, this commitment will be realized by operating the Sohar facility on 100% renewable electricity by 2030 and establishing a large industrial complex in Duqm to support low-carbon steel production.
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