We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Vale SA | BOV:VALE3 | Bovespa | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.36 | 0.56% | 64.80 | 64.80 | 64.83 | 65.07 | 64.41 | 64.98 | 4,431,500 | 15:33:02 |
By Jeffrey T. Lewis
SÃO PAULO--Brazil's Vale SA said Thursday it signed a memorandum of understanding with Germany's SHS Stahl-Holding Saar GmbH & Co. KG to reduce the output of carbon during the steelmaking process.
SHS, a holding and management company for the steel industry in Germany's Saarland that carries out some tasks for steel product makers Saarstahl and Dillinger Hütte, will work with Vale on ways to make greater use of the iron-ore miner's green briquette product and its iron-ore pellets to directly reduce carbon emissions.
The two companies will also study the possibility of building a green briquette plant near SHS's facilities, Vale said.
Vale is the world's biggest producer of iron ore, and it has been working to reduce carbon emissions both from its own operations and from those of its customers. Its green briquette product cuts energy use and reduces emissions of greenhouse gases by eliminating some steps in the steelmaking process.
Write to Jeffrey T. Lewis at jeffrey.lewis@wsj.com
(END) Dow Jones Newswires
October 06, 2022 08:55 ET (12:55 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
1 Year VALE ON Chart |
1 Month VALE ON Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions