Green Iron Project

Sustainably developing Brazil's new iron ore province.

Project Overview

Brazil Iron is leading the decarbonization of the steel industry through the development of an integrated pellet feed, pellet, and hot briquetted iron (HBI) operation in Bahia, Brazil.

The project harnesses the region’s abundant renewable energy and employs advanced carbon capture and storage to achieve over 90% reduction in emissions from the outset, while studying the transition to green hydrogen to achieve net-zero emissions.

With over a decade of exploration, engineering, and environmental work, Brazil Iron is creating a sustainable, low-carbon source of metallic iron for the steel industry of the future.

67.5% Fe

High-quality direct reduction pellet feed concentrate with low impurities and minimal acid gangue.

1.70Billion tons

NI43-101 resource of 1.70 bt.
Target of 3 bt (drilling in progress).

Best Location on Earth for Green Iron

Bahia is blessed by nature.

High-quality iron ore resources, 100% renewable energy and existing logistics solutions.

1. Iron Ore Resources

Internationally important iron ore resource. 1.70 billion tonnes resource (NI43-101 claim) > 3bt Target

2. Wind Energy

Offshore wind speeds on land. The world's best onshore location for wind power. 8GW of generation capacity just a few kilometers from our project.

3. Solar Energy

Large solar generation capacity is being installed in central Bahia. The combination of solar and wind power generation provides a robust and reliable source of renewable energy.

4. Hydroelectric power plant

Hydroelectric generation plays a significant role in Brazil's national grid. Within the state of Bahia, there are two hydroelectric facilities in the São Francisco River basin.

5. Logistics

All Saints Bay is the largest natural harbor in Latin America, with several existing port facilities. The state is also served by two railways: FCA and FIOL (under construction). Brazil Iron has already completed 10 direct-shipment ore (DSO) shipments to customers in Europe and Asia.

All processes powered by renewable electricity and green hydrogen

Brazil Iron aims to become the first integrated producer of low-carbon pellet feed, pellets, and HBI with net-zero emissions. The project will produce 7.5 mtpa of pellet feed, 7 .1 mtpa of pellets, and 5.0 mtpa of direct reduction iron in HBI form.

The operation will utilize renewable electricity and advanced carbon capture and storage to achieve over 90% reduction in emissions from the outset, while studying the transition to green hydrogen to reach net-zero.

Uniquely positioned in the heart of Bahia, Brazil Iron combines world-class iron ore resources with a rapidly expanding renewable energy network. Our operations will set a new benchmark for sustainable, low-carbon ironmaking.

Why our project?

Direct reduction grade products with net-zero carbon emissions

The natural ingredients of wind, sun, water, and high-quality iron ore allow us to produce high-grade direct reduction products with net-zero carbon emissions. Over 8 GW of renewable generation capacity is being installed within 50 km of our project. This low-cost renewable energy will be used to produce green hydrogen through electrolysis. Green hydrogen and renewable electricity will power everything we do.

Largest foreign investor in mineral exploration in Brazil:

we contributed 63% of exploration investment in Bahia in 2021.

Feasibility study

Brazil Iron is currently completing a Feasibility Study based on the following project configuration: 8 mtpa green direct reduction pellet feed, 7 mtpa green.

CO2 emissions

Our goal is to be a global leader in decarbonizing the steel industry and to be uniquely positioned to develop a net-zero CO2 operation, with all processes and logistics in place.

Directors and Management

Our team has extensive experience in the exploration, development, financing and mining of iron ore deposits worldwide.

about the project