Brazil Iron’s Ferro Verde Project Will Have Carbon Measurement

The partnership with Bureau Veritas will define the project’s carbon intensity and position it in relation to the European Union’s CBAM mechanism, generating data for steelmaking customers and European and Japanese vehicle manufacturers.

By Brasil Mineral Editorial Staff – 09/23/2026

Brazil Iron has entered into a partnership with Bureau Veritas, a French group specializing in inspection and certification, to assess the projected emissions of the Ferro Verde Project in Bahia. The work will also make it possible to define the project’s projected carbon intensity and its position in relation to CBAM, a European Union mechanism that establishes a cost for carbon emissions associated with imported products. The initiative precedes future independent verifications.

The structuring of the data will include information on production volume, fuel and energy consumption, raw materials used, and documents supporting each record. The results will be expressed in tonnes of carbon dioxide equivalent per tonne of HBI, indicating the sources and calculation methods. The work will also define the assumptions and system boundaries used in the emissions calculations. “The system will make it possible to associate each emissions data point with its origin, calculation method, and the documents supporting the result,” says Rob Davies, Technical Director of Brazil Iron.

The study covers mining, ore processing, transportation, pelletizing, and HBI production through the Midrex process. HBI is a high-quality metallic input for steel production in electric arc furnaces. The analysis will make it possible to identify the points of highest emissions throughout the production chain and monitor the evolution of the operation’s environmental performance. The first stage of the CBAM assessment, based on data from the feasibility phase, has already been completed. The work will make it possible to distinguish the carbon footprint of the entire production chain from the emissions covered by the mechanism’s regulatory boundaries. The results will be presented to potential steelmaking customers, business partners, and vehicle manufacturers in Europe and Japan.

The initiative will also allow customers to assess the carbon intensity of HBI and project costs related to imports. When a production facility does not provide its own emissions information, importers may use default values established by the European Commission. To use actual emissions data, customers must rely on calculations prepared according to the applicable methodology and verified by an accredited body. The European Commission has not yet published its list of accredited CBAM verifiers. Bureau Veritas has applied for accreditation, and Brazil Iron expects the group to be among the first to obtain this authorization, subject to approval. “Verification will allow the emissions actually recorded by Brazil Iron to be considered in the CBAM calculation. European customers will have greater predictability regarding environmental performance and the costs associated with the product,” says Davies.

Brazil Iron intends to develop operational monitoring and conduct independent verifications for the annual CBAM reporting periods, replacing projected data with actual operational records. Operations are expected to begin in 2031, subject to financing, project development, and the necessary environmental approvals.

Source: www.brasilmineral.com.br

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