Vale and Green Energy Park have formed a partnership to work on decarbonization solutions for the global steel sector, with a focus on establishing a green hydrogen production facility in Brazil for a future Mega Hub. This initiative aims to produce low-carbon steel products using renewable hydrogen as a reducing agent, contributing to the reduction of carbon emissions in the industry. By leveraging Brazil's competitive advantages such as high-quality iron ore and abundant renewable energy, the collaboration seeks to offer 'green' HBI to European steelmakers and accelerate the transition to a low-carbon economy. The joint effort also addresses the challenge of high carbon emissions in the steel industry, with the goal of achieving an 80% reduction in emissions through the production of 'green steel.' By implementing advanced hydrogen technologies, including electrolysis and industrial plant design, the partnership aims to drive down costs and promote the adoption of green steel production globally. Green Energy Park, supported by Europe's Global Gateway program, brings expertise in hydrogen infrastructure and aims to facilitate the energy transition through scalable hydrogen production. The company's mission aligns with the broader goal of combatting climate change and promoting sustainable industrial practices. By combining efforts in green hydrogen production and addressing various aspects of the hydrogen value chain, Vale and Green Energy Park are taking significant steps towards establishing a more sustainable and environmentally friendly steel industry.