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Vale and Brazil's Port of Açu environmental mega hub partnership for steel industry decarbonization to include a plan to add on-site hot briquette iron plant capable of producing 2.5 million tonnes of HBI annually; plant to be operational by 2028

Vale partners with Port of Açu in Rio de Janeiro, Brazil, to explore feasibility of developing a 'mega hub' comprising a hot briquetted iron, or HBI, plant with near-zero carbon emission; Port of Açu is the largest deep-sea port in Latin America

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