Brazilian miner to spend $2bn to slash emissions by a third before 2030

Vale has also pledged to reach net zero emissions in scope 1 and 2 by 2050

Vale has unveiled plans to invest $2 billion (£1.6bn) to cut both its direct and indirect carbon dioxide emissions by a third before 2030.

The Brazilian miner has also pledged to reach net zero emissions in scope 1 and 2 by 2050 and said it aims to lead the industry towards carbon-neutral mining.

It plans to adopt 100% electric locomotives, underground electric vehicles (EVs) and biofuel pelletising techniques.

Latest Podcast