Vale, H2 Green Steel to Study Green Industrial Hubs
06 Septiembre 2023 - 8:16AM
Noticias Dow Jones
By Jeffrey T. Lewis
SÃO PAULO--Vale and H2 Green Steel agreed to jointly study the
possible development of green industrial hubs in Brazil and North
America to enable sustainable steel production.
The Brazilian iron-ore producer said Wednesday that Swedish
startup H2 intends to produce low-carbon steel value-chain
products, such as green hydrogen made using renewable electricity
and hot-briquetted iron made with Vale's iron-ore briquettes as
input material.
Vale is establishing a partnership in Brazil with a green
iron-and-steel producer to foment global decarbonization and
stimulate green hydrogen production in the country. The agreement
is Vale's first step into the green hydrogen market, Chief
Executive Officer Eduardo Bartolomeo said in a statement.
Write to Jeffrey T. Lewis at jeffrey.lewis@wsj.com
(END) Dow Jones Newswires
September 06, 2023 09:01 ET (13:01 GMT)
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