Brazilian iron ore miner Vale has announced that it has signed a protocol with Brazilian state-owned energy company Petrobras to develop low-carbon solutions.
The partnership is for a two-year period and will assess joint decarbonization opportunities, including the development of sustainable fuels - such as hydrogen, green methanol, green ammonia and renewable diesel - and carbon capture and storage technologies.
The initiative also includes potential commercial agreements for the supply of low-carbon fuels produced by Petrobras to be used in Vale’s operations.
