Brazil Iron Presents $5 Billion Green Iron Project to Industry Leaders in Bahia

Brazil Iron presented its groundbreaking green iron project at an event hosted by the Federation of Industries of the State of Bahia (FIEB), where industry leaders, government representatives, and key stakeholders gathered to discuss its impact on sustainable iron production and regional development.

With an investment of $5 billion, the project is set to transform Bahia into a global hub for low-carbon iron production. It will create tens of thousands of jobs and contribute tens of billions in tax revenue, directly supporting local infrastructure, education, and economic growth in the region.

CBPM President Henrique Carballal highlighted the project’s significance: “This is not just about iron production—it’s about economic transformation. This initiative positions Bahia as a global leader in green iron while driving industrial development and job creation.”

FIEB President Carlos Henrique Passos reinforced the importance of the initiative, stating: “This investment will attract sustainable industries and strengthen Bahia’s role in the international metals supply chain. The entire state stands to benefit from the opportunities it will generate.”

Brazil Iron’s Vice President of Institutional Relations, Emerson Souza, emphasized the strategic importance of the region: “The high-quality iron ore reserves in Bahia, combined with our investment in green technology, make this the ideal location for pioneering low-carbon iron production.”

The event reinforced strong institutional and industry support for Brazil Iron’s vision. As the project moves forward, collaboration between government, industry, and local communities will be key to unlocking its full potential for economic and sustainable development.