The partnership between Vale and Green Energy Park in Brazil has achieved recognition as a Global Gateway flagship project by the European Union, focusing on the development of a green hydrogen plant to supply a Mega Hub for low-carbon steel production. This initiative, selected under the Climate and Energy category of the EU Global Gateway program, aims to invest €300 billion globally between 2021 and 2027 in key sectors such as climate, energy, and digital infrastructure. The project, part of the 'Brazil North-East Green Energy Parks and Green Shipping Corridors' initiative, has received praise for its role in advancing the green hydrogen sector and supporting global steel industry decarbonization. The partnership's strategic impact has been endorsed by the European Commission, with significant political backing received. The project is currently conducting feasibility studies for a green hydrogen production unit in Brazil to supply the Mega Hub for green steel production. By utilizing Vale's iron ore agglomerates to manufacture hot-briquetted iron for export to European markets via decarbonized shipping corridors, the initiative aims to contribute to Brazil's low-carbon industrial development. With strong support from both Brazil and Europe, this partnership symbolizes a significant milestone in the global hydrogen economy, emphasizing Brazil's role as a key player in green energy production and sustainable industrial practices.