Vale and South Korea's Posco have signed a memorandum of understanding to seek low-carbon steelmaking solutions, the Brazil-headquartered company said on Thursday November 4.
The world's largest iron ore producer and the steel producer are in talks about cutting carbon emissions - part of the strategy could involve Vale's higher-quality iron ore fines, pellets and briquettes, Vale added.This will aid Posco in achieving carbon neutrality for integrated steelmaking by 2050, according to the Brazilian miner. It is also part of Vale's plan to slash...