Vale
The move will help the company reduce its Scope 3 emissions
In August 2023, the volume of iron ore exports amounted to 23.54 million tons
The company has a more optimistic view of China than other market participants
In July 2023, the volume of iron ore exports increased by 1.8% year-on-year
The first of the megahubs is expected to start operating in 2027
The production of iron ore pellets in January-June increased by 11.8% y/y.
14 June 2023
The export of iron ore pellets increased by 93.7% y/y in 4 months
The industrial complex will produce steel products for both the local and global markets
It is about the transportation of iron ore from the Vale industrial complex in Oman to the future complex in the UAE
20 April 2023
The production of iron ore pellets increased by 20.1% y/y in January-March
18 March 2023
For the production of products, instead of traditional fossil raw materials, the company used biochar obtained from biomass
In 2022, the company's pellets production amounted to 32 million tons