SAO PAULO, Jan 7 (Reuters) - Brazilian miner Vale (VALE3.SA) , opens new tab said on Tuesday it has signed a memorandum of understanding with Swedish firm GreenIron to develop initiatives aimed at decarbonizing the mining industry supply chain in Brazil and Sweden.

The partnership includes studies on the feasibility of a direct reduction plant to be operated by GreenIron in Brazil and the supply of Vale iron ore to GreenIron's commercial operations in Sandviken, Sweden, the mining giant said in a statement.

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https://www.reuters.com/markets/commodities/vale-greeniron-explore-decarbonization-projects-brazil-sweden-2025-01-07/