Vale introduced that it signed a MOU with the Port of Açu to check the event of a Mega Hub on the port positioned in São João da Barra within the state of Rio de Janeiro, to provide HBI (sizzling briquetted iron) utilizing the direct discount route.

As knowledgeable, the Mega Hub will initially obtain pellets from Vale and will, sooner or later, embody an iron ore briquette plant at website to provide the direct discount route on the industrial advanced.

It’s a initiative that considers a technical research coordinated by the Port of Açu and sectorial teachers which proposes using HBI as partial burden in blast-furnaces, lowering greenhouse fuel emissions and growing steelmaking productiveness while not having to substitute current property, such because the blast-furnaces and steelworks. At the moment, HBI is generally utilized in electrical arc furnaces. Utilizing HBI in this kind of furnace will allow a smoother decarbonization course of for the Brazilian steelmaking trade.

The settlement with the Port of Açu marks one other step within the growth of Mega Hubs in Brazil. Mega Hubs are industrial complexes designed to provide low-carbon metal merchandise and Vale has already begun implanting such hubs in three international locations within the Center East (Saudi Arabia, UAE and Oman).

We consider that the Port of Açu, with its distinctive port infrastructure within the nation, strategic location and potential for essentially the most aggressive Brazilian pure fuel costs, brings collectively distinctive traits to, along with Vale, contribute to the decarbonization of the home and worldwide metal trade.

..says José Firmo, CEO of the Port of Açu.

Brazil is likely one of the most essential iron ore and metal producers on the planet and Vale is a number one participant on this market. The usage of HBI in blast furnaces can cut back greenhouse fuel emissions by round 25%, with even larger potential reductions alongside the chain, which might put the trade consistent with the targets of lowering emissions by 2030.

…mentioned Albano Vieira, marketing consultant for metal and mining points at Prumo, the holding firm that develops the Port of Açu.