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13/10/2024
Mining News

Vale Partners with Green Energy Park to explore green hydrogen production in Brazil

Brazilian miner Vale has announced a partnership with Green Energy Park (GEP) to explore the potential for green hydrogen production in Brazil. This collaboration aims to bolster the country’s efforts in developing a sustainable energy sector.

Importance of the Initiative

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Brazil is actively seeking to establish a green hydrogen industry as part of its strategy to diversify its renewable energy portfolio. The government considers green hydrogen a “real possibility” for enhancing the country’s renewable footprint. Vale, on its part, is focusing on low-carbon solutions for the steel industry, targeting net-zero carbon emissions by 2050.

Project Goals

The partnership will conduct a feasibility study for the construction of a green hydrogen plant in Brazil, intended to support a larger “mega hub” that Vale envisions for the country. As part of its decarbonization strategy, Vale aims to produce iron ore agglomerates—such as pellets or briquettes—using renewable hydrogen as a reducing agent for hot-briquetted iron.

Key Statements

“Vale has been actively seeking partners to enable the construction of mega hubs in Brazil,” the company stated. “The agreement with GEP is another important step in this direction.”

Background on Green Hydrogen

Green hydrogen is produced through the electrolysis of water powered by renewable energy, offering a promising avenue for reducing emissions in hard-to-decarbonize sectors, including transportation and steel manufacturing. GEP previously collaborated with Brazil’s Eletrobras to explore green energy opportunities, while Vale has established partnerships with H2GS and Hydnum Steel for similar initiatives aimed at developing “mega hubs” in various countries.

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