Vale
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H2 Green Steel and Vale in agreement for the supply of direct reduction iron ore pellets
In a multi-year agreement, Vale will supply H2 Green Steel with iron ore pellets as input material for its steel mill in Boden. Vale is a Brazilian mining company and the world’s largest supplier of direct reduction pellets. Iron ore in pelletized form is, along with green hydrogen from H2 Green Steel’s own electrolyzer facility, critical input materials for the green direct reduced iron (DRI) production which will be used to make near-zero emissions steel in the steel plant in Boden. The process of direct reduction of iron ore using green hydrogen and a fully electrified process achieves a CO2 reduction of up to 95 percent compared to the conventional steel making process using coal and coke in a blast furnace.