Brazilian miner Vale plans to build eight more iron ore briquette plants, according to the president Eduardo Bartolomeu, as quoted by the local press.
Bartolomeo mentioned that the plants are expected to be built in the Middle East, in the Gulf of Mexico region and in Brazil, areas where the price of the natural gas is competitive. He added that the company will give priority in the search of partnerships with its clients.
Briquettes are iron ore agglomerated at low temperatures and is one of the solutions proposed by Vale to reduce emissions in the steel production, as it requires no coke consumption in the process.