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Vale positions iron business for steel decarbonisation

Brazil’s Vale is positioning itself to capitalise on premiums for producing higher-grade iron ore solutions to help steelmakers reduce their carbon emissions, Marcello Spinello, EVP iron, said during the Vale investor day at the New York Stock Exchange.

Vale positions iron business for steel decarbonisation Vale positions iron business for steel decarbonisation Vale positions iron business for steel decarbonisation Vale positions iron business for steel decarbonisation Vale positions iron business for steel decarbonisation

Vale's S11D mine is the largest iron ore mine in the world

With steel consumers such as automakers looking to reduce their scope three upstream and downstream carbon emissions, steelmakers are being forced to do the same. Vale sees this as a huge opportunity.