In our campaign “Partners of HBI C-Flex”, we are introducing the team members of the members of our Supportive Advisory Board and their tasks in our project continuing with the team from the Vale.

Vale

Vale is a global mining company that has a clear purpose: exist to improve lives and transform the future together. One of the world’s largest producers of iron ore and nickel and a major copper producer, Vale is headquartered in Brazil and operates around the world. Its operations comprise integrated logistics systems, marine terminals and about 20 ports distributed around the world.

Vale was founded in 1942 as Companhia Vale do Rio Doce. Over the years the company became just Vale and advanced ever since the first ore extracted in Itabira, Brazil. In 2024, Vale produced 328Mt of iron ore, being responsible for around 20% of seaborne market. Vale has a total of 174,000 workers globally, including direct employees and contractors.

At the core of the company’s 2030 vision is the goal to be recognized as a trusted partner with the most competitive and resilient portfolio. Vale’s strategy focuses on decarbonization, especially in the steel industry, a hard-to-abate sector responsible for 8% of global GHG emissions. Vale is tackling this by offering high-quality products, investing in innovation, and building strategic partnerships.

Together with partners, Vale will build Mega Hubs for the manufacture of low-carbon steel products, using briquettes and iron ore pellets as raw materials in Brazil and in the Middle East. In collaboration with European partners and government authorities, Vale is leading efforts to produce and export Hot Briquetted Iron (HBI), in Brazil, using green hydrogen, enabling the production of competitive green steel in the EU.

Decarbonization is at the core of Vale’s business strategy. The company seeks to contribute to the construction of the mining of the future by integrating operations, territories, and value chain. This includes three key pillars for aligning activities with a low-carbon economy: i) supply chain decarbonization; ii) nature-based solutions; iii) just transition and adaptation.

Vale provides essential minerals and metals for the global energy transition. To advance this agenda, the company has committed to reducing its Scope 1 and 2 emissions by 33% by 2030, and Scope 3 net emissions by 15% by 2035. This progress is real. In 2024, Vale reached a 26.9% reduction in Scope 1 and 2 emissions (vs. 2017 baseline) and a 13.2% reduction in Scope 3 net emissions (vs. 2018 baseline).

In 2024, Vale’s emissions were 26.9% lower than the 2017 baseline. The company also committed to reducing Scope 3 net emissions by 15% by 2035, and in 2024 has reached a 13.2% reduction compared with the 2018 baseline. Additionally, in 2023, Vale achieved its goal of sourcing 100% renewable electricity in Brazil – two years ahead of schedule – and aim to reach 100% renewable electricity worldwide by 2030.

Team:

• Magno Ribeiro
• Leandro Dijon
• Emile Sheepers

➡️ To learn more about Vale, please visit the company website:

• www.vale.com