Vale and Green Energy Park (GEP) have announced a partnership to develop decarbonization solutions for the global steel sector, focusing on establishing a green hydrogen production unit in Brazil. This initiative aims to supply a future Mega Hub for low-carbon steel products, allowing global steel companies to produce hot-briquetted iron (HBI) in Brazil. Vale's VP of energy and decarbonization, Ludmila Nascimento, highlighted Brazil's advantages, such as high-quality iron ore and renewable energy, to produce "green" HBI with significantly lower carbon emissions compared to traditional methods124.