Brazilian mining company Vale has signed an agreement with OQ Alternative Energy to transition its operations in Oman to renewable energy. The agreement outlines plans to power Vale’s concentrator in Sohar and support the future Green Metallic Mega Hub in Dukm. The collaboration aims to integrate clean energy into industrial processes, ensuring long-term sustainability. Vale has also partnered with Jinnan Iron & Steel Group on a $627 million investment in a Sohar concentrator, expected to begin operations in 2027.