Vale, Stahl-Holding-Saar to Cooperate on Carbon Reduction in Steelmaking
06 Outubro 2022 - 10:10AM
Dow Jones News
By Jeffrey T. Lewis
SÃO PAULO--Brazil's Vale SA said Thursday it signed a memorandum
of understanding with Germany's SHS Stahl-Holding Saar GmbH &
Co. KG to reduce the output of carbon during the steelmaking
process.
SHS, a holding and management company for the steel industry in
Germany's Saarland that carries out some tasks for steel product
makers Saarstahl and Dillinger Hütte, will work with Vale on ways
to make greater use of the iron-ore miner's green briquette product
and its iron-ore pellets to directly reduce carbon emissions.
The two companies will also study the possibility of building a
green briquette plant near SHS's facilities, Vale said.
Vale is the world's biggest producer of iron ore, and it has
been working to reduce carbon emissions both from its own
operations and from those of its customers. Its green briquette
product cuts energy use and reduces emissions of greenhouse gases
by eliminating some steps in the steelmaking process.
Write to Jeffrey T. Lewis at jeffrey.lewis@wsj.com
(END) Dow Jones Newswires
October 06, 2022 08:55 ET (12:55 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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