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20 Aug
09:23

Vale, Ternium to develop low emissions steelmaking

Brazilian Vale and Latin American steelmaker Ternium have signed a memorandum of understanding (MoU) with the proposal to develop solutions focused on reducing CO2 emissions, Kallanish notes. The companies will jointly evaluate economic feasibility studies for the potential investment in a briquetting plant, as well as steel plants with a low carbon footprint, using iron ore direct-reduction technology. This initiative will contribute Vale to achieve its commitme…
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