Vale sees the plan as part of its decarbonisation efforts, with the establishment of a green industry centre focused on the production of low-carbon products for the steel industry, with the goal of achieving net zero carbon emissions by 2050.
Vale had previously agreed to supply iron ore pellets to H2 Green Steel's steel mill in Boden. H2 Green Steel is currently exploring the use of iron ore pellets to produce low-carbon steel value chain products.
H2 Green Steel and Vale's plan will be Vale's first step into the green hydrogen market and reinforces Vale's role as a driving force in the Brazilian low carbon industry.
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