Vale, has successfully tested a new type of iron ore briquette that emits 80% less CO2 compared to pellets. This briquette is adapted for the direct reduction route, a cleaner method for steel production that uses natural gas instead of coke, which emits less carbon and other greenhouse gases.
The new briquette can also be used to charge a blast furnace. Vale’s next step is to carry out industrial tests in June with a client in North America.
The company is building two 6 mtpy briquette plants in Brazil and has signed memorandums of understanding with more than 30 customers to study potential decarbonization solutions.
The iron ore briquette contributes to Vale’s commitment to reduce scope 3 net emissions by 2035, reduce scope 1 and 2 emissions by 33% by 2030 and achieve neutrality by 2050.
Source: PRESS RELEASE
Image Source: Vale