Vale S.A., a global mining giant, and GreenIron H2 AB, a Swedish green technology company, have come together in a Memorandum of Understanding to revolutionize the mining and metals industry's approach to sustainability. The partnership, announced on January 7, is centered around the goal of providing low-carbon iron ore products. A pivotal aspect of this collaboration is the planned feasibility study for a state-of-the-art direct reduction facility in Brazil, managed by GreenIron, which will delve into the potential of innovative technologies like green hydrogen to minimize environmental impact. Brazil's prominence in green hydrogen production adds strategic value to this venture. Moreover, the agreement encompasses the supply of Vale's iron ore to GreenIron's operations in Sandviken, Sweden, highlighting a commitment to sustainable iron production practices. GreenIron's technology, known for its flexibility and cost-effectiveness while being compatible with green hydrogen, is set to play a significant role in reducing CO2 emissions during iron production. The two companies are aiming to scale up operations by 2025, showcasing a forward-looking approach to sustainable mining. Both companies have emphasized their dedication to reducing the carbon footprint of the mining and metals sector. Vale's EVP of Commercial and New Business, Rogério Nogueira, stressed the collaboration's potential in providing low-carbon solutions by leveraging Brazil's green hydrogen advantage and GreenIron's sustainable iron production expertise. GreenIron's CEO, Edward Murray, echoed this sentiment, underlining the commitment to innovation for a sustainable industry that benefits the environment and local communities. The partnership signifies a significant step towards a greener future in the mining and metals sector, aligning with global sustainability goals.