Brazilian mining giant Vale SA has started the construction works of Tecnored's first commercial plant in Marabá Pará, an important step towards presenting the steel industry chain with a viable technological solution for their decarbonization investments. Vale's CEO Mr Eduardo Bartolomeo said “The implementation of Tecnored represents an important step in the transformation of mining, contributing towards an increasingly sustainable process chain. The Tecnored project is of great importance for Vale and the region and will provide competitiveness, environmental sustainability, and development to the region.”The plant will initially have a production capacity of 250 thousand tonnes per year of green pig iron and may reach 500 thousand tonnes per year in the future. The start-up is planned for 2025 with an estimated investment of approximately BRL 1.6 billion. Due to fewer productive stages, such as the absence of sintering and coking stages, the Tecnored technology is expected to be 10 to 15% less capital and operating cost-intensive than the traditional blast furnace route.Tecnored's technology is innovative in the market, and it enables the production of the green pig iron from the substitution of metallurgical coal by biomass, thus reducing carbon emissions by up to 100%, being an important step in contributing to the decarbonization of the steel industry.Tecnored is a 100% Vale subsidiary focused on developing a low carbon pig iron process through energy sources, such as biomass, syn-gas, and hydrogen that emit less CO2 than coal and coke, the traditional iron-making methods. Using biomass, the path to economic carbon neutrality may be achieved in the medium term. Vale currently has a pilot plant in Pindamonhangaba SP, with a nominal capacity of 75 thousand tons per year, where tests were carried out to develop the technology and its technical and economic viability.
Brazilian mining giant Vale SA has started the construction works of Tecnored's first commercial plant in Marabá Pará, an important step towards presenting the steel industry chain with a viable technological solution for their decarbonization investments. Vale's CEO Mr Eduardo Bartolomeo said “The implementation of Tecnored represents an important step in the transformation of mining, contributing towards an increasingly sustainable process chain. The Tecnored project is of great importance for Vale and the region and will provide competitiveness, environmental sustainability, and development to the region.”The plant will initially have a production capacity of 250 thousand tonnes per year of green pig iron and may reach 500 thousand tonnes per year in the future. The start-up is planned for 2025 with an estimated investment of approximately BRL 1.6 billion. Due to fewer productive stages, such as the absence of sintering and coking stages, the Tecnored technology is expected to be 10 to 15% less capital and operating cost-intensive than the traditional blast furnace route.Tecnored's technology is innovative in the market, and it enables the production of the green pig iron from the substitution of metallurgical coal by biomass, thus reducing carbon emissions by up to 100%, being an important step in contributing to the decarbonization of the steel industry.Tecnored is a 100% Vale subsidiary focused on developing a low carbon pig iron process through energy sources, such as biomass, syn-gas, and hydrogen that emit less CO2 than coal and coke, the traditional iron-making methods. Using biomass, the path to economic carbon neutrality may be achieved in the medium term. Vale currently has a pilot plant in Pindamonhangaba SP, with a nominal capacity of 75 thousand tons per year, where tests were carried out to develop the technology and its technical and economic viability.
