Please login or register to join our webinar.

E-mail address:
Password:
Forgot your password?
Log in
REGISTRATION
Home > Mining Companies > Vale S.A. > News > Vale invests in Boston...
Vale S.A.

Vale invests in Boston Metal to foster carbon free steel production

Feb 9, 2021
Vale informs that it completed an investment of US$ 6 million in Boston Electrometallurgical Company to acquire a minority stake and to promote the development of a technology focused on steel decarbonization. Boston Metal has a diverse shareholder base which includes venture capital funds, mining companies and private investors.
 
Boston Metal
 
Boston Metal is a pre-operating company, founded in 2012 by professors from the Massachusetts Institute of Technology (MIT), whose objective is the development of an innovative technology called Molten Oxide Electrolysis (MOE), which reduces metal oxides such as iron ore with the use of electricity. This MOE process will enable the reduction of iron ore for the production of steel with zero CO2 emissions.
 
The amounts raised by Boston Metal will be used to finance the development of the technology
 
New Pact with Society
 
The investment in Boston Metal is in line with Vale's New Pact with Society strategic pillar. Vale is committed to leading the transition to net-zero carbon mining and fostering a portfolio of high-quality products and innovative technologies to provide scope 3 solutions.
 

Source: http://www.vale.com/brasil/EN/aboutvale/news/Pages/vale-invests-in-boston-metal-to-foster-carbon-free-steel-production.aspx

Latest news
Diversity and Inclusion as a lever for Cultural Transformation
LGBTQIA+ pride: what is the role of the allies in fighting prejudice and raising awareness about the issue?
Woman, trans and programmer in Vale's operations: learn about Ágatha Coura's trajectory, challenges and achievements
Vale receives the world's first ore carrier that produces air bubbles in the hull to reduce emissions
LGBTQIA+ Pride: Meet some of Vale's bisexual employees and the work they do in favor of diversity
View More News
Magazine
May 20, 2020
Vale’s Production and Sales In 4Q20 and 2020
Inside this issue
Digital edition
Career Opportunities
Sr Engineer, Ground Control

We are currently seeking a Senior Engineer, Ground Control to join our Creighton Mine in Sudbury.
Sr Analyst, Business Planning (System 1)

We are currently seeking a Sr Analyst, Business Planning (System 1) to join our Planning & Engineering team in Sudbury. This is a permanent position.
Heavy Duty Equipment Technician

We are currently seeking Heavy Duty Equipment Technicians to join our Maintenance Department in Sudbury.
Engineer-In-Training (EIT)

The successful candidate will be a member of the Vale's Ontario Operations and enrolled in a 48-month program that includes Application of Theory, Practical Experience, Management of Engineering Communication Skills, and Social Implications of Engineering which is the requirement for licensing as a Professional Engineer in Ontario. 
Technical Leader, Projects Sudbury

We are currently seeking a Technical Leader, Projects Sudbury to join our Exploration and Mineral Projects team in Sudbury. This is a permanent position.
Surface Construction Manager

We are currently seeking a Surface Construction Manager to join our Voisey's Bay Mine Expansion Project Team for our remote mine site in Voisey's Bay, Labrador, a fly-in fly-out operation. This project term position will be working from home office with regular travel to Voisey's Bay.
Manager, Exploration Voisey's Bay

We are currently seeking a Voisey's Bay Exploration Manager to join our Exploration team in St. John's and Voisey's Bay Mine site, Newfoundland and Labrador. This is a permanent position.
Manager, Exploration Thompson

We are currently seeking a Manager, Exploration Thompson to join our Exploration team in Thompson. This is a permanent position.
Maintenance Technician - Scaffolding

We are currently seeking a Maintenance Technician - Scaffolder to join our Maintenance Team at our remote mine site in Voisey's Bay, Labrador , a fly-in fly-out operation. This is a permanent position, with a 2 week on, 2 week off rotation.
Human Resources Coordinator (Fixed-Term)

We are currently seeking a Human Resources Coordinator to join our Human Resources team in Sudbury. This is a 12 month fixed-term position.
More Careers