Vale and GreenIron have entered into a Memorandum of Understanding to work together on decarbonisation initiatives within the mining and metals supply chain in Brazil and Sweden. The collaboration aims to develop a feasibility study for a direct reduction facility in Brazil operated by GreenIron, with a specific focus on utilizing green hydrogen and other innovations to minimize environmental impacts. Additionally, the agreement includes the supply of Vale's iron ore to GreenIron's operations in Sweden, where commercial activities are set to scale up by 2025. GreenIron's technology, known for its flexibility in feedstock options and cost efficiency, is also designed to be compatible with green hydrogen. The partnership signifies a commitment to exploring sustainable solutions, with a strong emphasis on reducing the climate footprint of the sector. Vale's innovative iron ore briquettes, emitting less CO2 in production than pellets, will also be part of future testing, further highlighting the companies' dedication to environmentally friendly practices. Both companies see this collaboration as a crucial step towards achieving decarbonisation targets in the industry and contributing positively to the environment and local communities.