The future of iron and steel

The key to decarbonising steel production is the shift from coal-based blast furnaces to electric arc furnaces (EAFs), powered by renewable electricity. With the right feedstock, this approach can achieve zero carbon emissions. EAF’s can only be fed with scrap steel and direct reduced iron (DRI). There are 337mtpa of EAF capacity under development. Deficits in supply of both scrap steel and DRI are looming. By 2031, McKinsey Co. estimate the deficit in DRI to be 109mtpa. In order to deliver the required steel in a sustainable way, without emitting co2 into the atmosphere, substantially increased in sustainably production of DRI is required.

Emerson Souza: Decarbonizing the Steel Industry is an Urgent Issue for the Planet

Emerson Souza: Decarbonizing the Steel Industry is an Urgent Issue for the Planet

The steel industry, a pillar of modern civilization, faces the urgent challenge of reducing its emissions. Green iron – HBI – emerges as an essential solution for a low-carbon future and a healthier planet.

Steel and iron production, the backbone of global infrastructure and development, is also among the most carbon-intensive sectors. Each year, the sector accounts for approximately 24% of industrial greenhouse gas (GHG) emissions and about 8% of global CO₂e (carbon dioxide equivalent) emissions.

This scenario calls for a deep strategic reassessment, where decarbonization is not just an environmental goal, but an imperative necessity for the planet's sustainability. Without a transformation in the steel industry, global climate goals will be unattainable.

A Challenge of Steel Proportions

With the vast majority of these emissions—around 95%—coming from coal-fired blast furnaces, transitioning to a low-carbon future in steelmaking is intrinsically dependent on electrification. This implies massive adoption of electric arc furnaces (EAFs) powered by renewable electricity, enabling large-scale low-carbon steel production.

The feedstock for these EAFs is crucial: steel scrap and direct reduced iron (DRI), such as hot briquetted iron (HBI). When HBI is produced using renewable energy, it is classified as Green Iron.

Green Iron (HBI) holds transformative potential to drastically reduce the carbon footprint of the sector. Expert studies indicate that its use can lead to up to a 99% reduction in CO2 emissions compared to traditional coal-based blast furnace metallurgy. This represents a qualitative leap for industrial sustainability and addressing the climate crisis.

Allies on the Decarbonization Journey

In a strategic move to strengthen its green economy, Canada included high-purity iron ore—essential for green iron production—in its Critical Minerals List. This decision, driven by the demand for global steel industry decarbonization, positions Canada at the forefront of supplying sustainable materials.

Canada's measure not only aims to secure supply for itself and its allies, but also encourages investment and the development of cleaner value chains for these strategic minerals, reinforcing the country’s commitment to the global energy transition.

In Brazil, Vale and Brazil Iron emerge as strategic allies in the decarbonization of the steel industry, with the promise of producing high-quality green iron (HBI) for the steel supply chain.

Brazil Iron, for example, plans to produce green iron (HBI) and low-carbon iron, supplying essential feedstock for the transition from coal-based blast furnaces to electric arc furnaces.

Brazil Iron's goal, by producing green iron for use in EAFs, is to avoid around 17.5 million tons of CO₂e emissions per year compared to traditional coal-based blast furnace routes. Over the project's lifetime, it is estimated that approximately 473 million tons of CO₂e emissions will be avoided.

The goal of reaching net-zero emissions involves the development of a project that will use renewable energy, Carbon Capture and Storage (CCS) technology, and green hydrogen (H2).

A Legacy for the Planet

Market experience teaches us that transforming such a robust and essential industry does not happen without commitment and innovation. The role of green iron is therefore not only technical but also strategic for the future of our planet.

Reducing emissions by up to 99% in one of the largest industrial polluters is a monumental step toward a safer and more sustainable future. This alignment between industrial production and global climate goals is the best legacy we can leave for future generations.

About the author: Emerson Souza is the Vice President of Institutional Relations at Brazil Iron. He assumed this position after leading the company’s communications department for two years.

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Steel on the Brink: Europe’s Fight to Decarbonise and Survive

Steel on the Brink: Europe’s Fight to Decarbonise and Survive

By Robert Davies (Updated Version - June 2025)

Europe’s steel industry stands at a precipice, facing a perfect storm of mounting decarbonisation pressures, fierce global competition in green subsidies, and weak domestic demand. Industry forecasts warn that without urgent action, 60,000 direct jobs, and millions more across supply chains could vanish by 2030.

The ramifications of an industry collapse would cascade across Europe’s industrial heartlands, deepening economic stagnation in regions already weakened by industrial downturns. To fulfil the European Green Deal’s Net Zero 2050 ambition, a substantial investment of approximately €400 billion would be required, directed principally towards scaling up renewable energy generation.

Steelmaking accounts for 25-30% of Europe’s industrial CO₂ emissions, a central target of the European Green Deal, alongside cement, chemicals, and energy-intensive manufacturing.

The EU Emissions Trading System (ETS) is no longer a remote threat and is now an expensive reality for steel producers. Previously protected by free allowances, the industry now grapples with the full impact of escalating carbon costs as these measures are rapidly phased out. Simultaneously, the Carbon Border Adjustment Mechanism (CBAM) is in its final transitional phase, with the first financial obligations set to begin in January 2026. The complexity of emissions data collection and the prospect of imminent costs are placing unprecedented pressure on industry. The Carbon Border Adjustment Mechanism (CBAM) is designed to shield low-carbon European steel producers from unfair competition and to prevent carbon leakage. However, because many raw-material supply chains are yet to switch to low-carbon sources, they will inevitably face additional costs.

Central to decarbonisation is a transition from coal-based blast furnaces to electric arc furnaces (EAFs), powered by renewable energy. When paired with high-quality scrap steel or low-carbon direct reduced iron (DRI), EAFs can produce steel with near-zero emissions, thus avoiding the escalating carbon costs.

EAFs rely on two primary inputs: high-quality scrap steel, which can reduce emissions by up to 70–80% compared to traditional methods, and direct reduced iron (DRI), which, when produced using green hydrogen, enables virtually carbon-free steelmaking.

Feedstock Bottlenecks

Europe’s supply of EAF-compatible scrap steel is falling short amid soaring global demand. According to the European Steel Association (Eurofer), Europe currently generates just 100 million tonnes of scrap annually, well below the 165–180 million tonnes required to meet the demand for EAF-driven steel production. With 337 million tonnes of new EAF capacity under development globally, competition for scrap is intensifying. The growing deficit underscores a hard reality: scrap alone cannot supply the volumes needed to decarbonise Europe’s steel industry.

Direct reduced iron (DRI) presents a vital pathway to lower emissions. Using natural gas as a reductant can reduce CO₂ emissions by around 50% per tonne of liquid steel. Achieving near-zero emissions, however, depends on replacing natural gas with green hydrogen. Unfortunately, Europe still lacks the renewable energy infrastructure to scale green hydrogen production to the required levels, a challenge that could take decades to overcome.

Brazil’s Ready-Made Solution

In Brazil, over 84% of the electricity generation capacity is from renewable sources, according to Brazil’s National Electric Energy Agency (ANEEL). In states like Bahia, renewables account for around 93 % of installed capacity and exceed 95 % of actual generation during the peak wind season (April to September). Coupled with its vast, high purity iron ore reserves that can produce direct reduction grade iron concentrates, Brazil is uniquely positioned to produce low carbon DRI at scale.

Companies like Brazil Iron Ltd, in Bahia state, are advancing DRI production facilities powered by renewables. The company plans to produce hot briquetted iron (HBI), a compact, transportable form of DRI. Innovations such as Midrex’s Flex MegaMod technology allow plants to initially operate on natural gas, significantly reducing emissions, while providing a seamless transition to green hydrogen as it becomes economically viable. This pragmatic approach allows European countries to maintain sovereign primary steel production near end markets while leveraging Brazil’s renewable energy capacity to reduce emissions in their supply chain.

The Geopolitical Landscape and the Green Trade War

The geopolitical dynamics have shifted from traditional tariff disputes to a full scale green trade war. The US Inflation Reduction Act has unleashed billions of dollars in clean energy subsidies, triggering a global subsidy race that inflates project costs and distorts competition. At the same time, China’s chronic steel overcapacity, now marketed as state backed green washed steel, threatens to flood international markets with so-called low-carbon steel products, often lacking transparent verification of emissions claims.

European steelmakers are squeezed between rising carbon levies under the EU Emissions Trading System and intense state support abroad. As free allowances are phased out and the EU’s Carbon Border Adjustment Mechanism nears its first settlements, the sector must navigate volatile price signals, shifting trade policies and fierce subsidy battles. Meanwhile, President Trump doubled Section 232 tariffs on steel and aluminium imports to 50 per cent, effective 4 June 2025. Without a coherent EU strategy to counter subsidy dumping and tariff threats, European producers risk ceding market share, undermining the bloc’s net zero ambitions and eroding strategic industrial autonomy.

Social Impact and the Future of Jobs

Steel production supports around 330,000 direct jobs in Europe and millions more across supply chains. Regions such as Germany’s Ruhr Valley, Spain’s Asturias, and France’s Lorraine face economic devastation should steelmaking collapse.

The UK’s steel sector, though outside the EU, faces parallel challenges, supporting around 39,000 direct Jobs and 180,000 in supply chains. The ongoing restructuring at Port Talbot, the UK's largest steelworks, exemplifies the challenges of transitioning to a low-carbon economy, which can be mitigated through strategic supply chain partnerships and demand for green steel from original equipment manufacturers (OEMs).

A Path Forward

Europe’s steel industry needs a bold and pragmatic strategy. The continent cannot afford to wait for domestic renewable and hydrogen infrastructure to catch up, action is needed now. Transitional feedstocks such as hot briquetted iron (HBI) offer an immediate way to cut emissions while laying the groundwork for a fully renewable future. The priorities should be:

  • Strengthening the circular economy through large-scale investment in scrap collection, sorting and processing systems to maximise the use of high-quality recycled steel.
  • Forging strategic supply chain partnerships with producers of low-carbon feedstocks, such as Brazil’s renewable-powered HBI, to reduce emissions now while Europe scales up its own green hydrogen and renewable energy capacity.
  • Collaborating with original equipment manufacturers (OEMs) to create strong demand signals for green steel, using premium pricing models to support decarbonisation investment across the value chain.
  • Expanding green public procurement policies to prioritise low-emission steel in publicly funded infrastructure, transport and defence projects.

The alternative, delays, inaction and isolationist trade policies, threatens livelihoods, economic stability and climate goals. Europe must act decisively, leveraging solutions already within reach to ensure its steel industry’s survival in a decarbonised future. And Brazil has the potential to be a great ally for the old continent in this mission.

General Reference List

  • European Green Deal
    European Commission. "A European Green Deal." European Commission, December 2019. Available at: https://ec.europa.eu
  • EU Emissions Trading System (ETS)
    European Commission. "EU Emissions Trading System (EU ETS)." European Commission, 2023. Available at: https://ec.europa.eu/clima/policies/ets_en

Deutsche Bank. Available at: “EU carbon market: more to come”

https://www.deutschewealth.com/en/insights/investing-insights/investing-themes/eu-carbon-market-more-to-come.html#:~:text=The%20EU%20Emissions%20Trading%20System,sectoral%20inclusions%2C%20and%20new%20regulations

Renewable Energy in Brazil
Source Aneel:  https://www.irena.org

  • Midrex Flex MegaMod Technology
    Midrex Technologies. "Flex MegaMod Technology Overview." Midrex, 2023. Available at: https://www.midrex.com
  • Hydrogen Production and Green Hydrogen
    International Energy Agency (IEA). "The Future of Hydrogen: Seizing Today’s Opportunities." IEA, 2021. Available at: https://www.iea.org
  • Job and Economic Impact of Steel in Europe
    World Steel Association. "Economic Contribution of the Steel Industry." World Steel Association, 2023. Available at: https://www.worldsteel.org
  • Steel and Decarbonisation Challenges
    McKinsey & Company. "Decarbonizing Steel: A Net-Zero Pathway." McKinsey, 2023. Available at: https://www.mckinsey.com
  • UK Steel Industry Challenges
    UK Steel. "UK Steel in Figures 2023." UK Steel, 2023. Available at: https://www.uksteel.org

Data in the Article and Corresponding References:

  1. 60,000 direct jobs and millions of indirect jobs at risk by 2030
    • Source: European Steel Association (Eurofer). Eurofer highlights job risks associated with decarbonisation pressures. Verification needed from Eurofer’s latest reports.
  2. €400 billion investment required for Net Zero by 2050
    • Source: CRU Group and European Commission. Both CRU and EU Green Deal documents mention this figure. CRU specifically links the bulk of investment to renewable energy infrastructure.
  3. Steelmaking accounts for 25–30% of Europe’s industrial CO₂ emissions
    • Source: European Commission, Eurofer, and McKinsey. Consistent across multiple reports on industrial emissions.
  4. ETS compliance costs and free allowance phase-out
    • Source: European Commission. Phase-out details and cost implications are outlined in the EU ETS documentation.
  5. 100 million tonnes of scrap steel generated annually vs. demand of 165–180 million tonnes
    • Source: Eurofer. These numbers are widely reported in Eurofer’s publications on EAF adoption and scrap availability.

337 million tonnes of EAF capacity under development globally

  1. Source: World Steel Association and McKinsey. Both sources highlight global trends in EAF expansion and its implications for feedstock demand.
  2. CO₂ reduction of 47% using natural gas as a reductant
    • Source: Midrex and IEA. Supported by technology-specific data from Midrex and broader studies on DRI technologies.
  3. Brazil’s grid is 84,42% renewable
    • Source: National Agency of Electric Energy (Aneel).
  4. 330,000 direct steel jobs in Europe
    • Source: World Steel Association and Eurofer. Both confirm employment figures across the EU steel industry.
  5. UK’s steel sector supports 39,000 direct jobs and 180,000 in supply chains
    • Source: UK Steel. These figures align with the latest UK Steel reports.

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Brazil Iron Reinforces Commitment to Sustainability During Environment Week in Piatã and Abaíra

Brazil Iron Reinforces Commitment to Sustainability During Environment Week in Piatã and Abaíra

As part of the commemorative activities, the company promoted educational events in local public schools from June 3 to 5, addressing topics such as fauna, flora, water, and environmental preservation.

Piatã, June 6, 2025 – During Environment Week, celebrated from June 2 to 6 in honor of World Environment Day, Brazil Iron emphasized the central role that sustainability plays in its journey through initiatives carried out in the municipalities of Abaíra and Piatã. The mining company, which has implemented sustainable practices even before the start of its operations, reaffirms its commitment to environmental responsibility by embedding this value structurally—from planning to the projection of each future stage of its projects.

The organization reiterated its belief in the possibility of truly responsible mineral development, combining productive efficiency with strict environmental respect. This vision also includes valuing local communities, encouraging sustainable practices, and committing to building a more balanced and socially just future for the next generations.

As part of the commemorative actions, the company organized educational activities in local public schools. From June 3 to 5, students aged 6 to 15 from the cities of Abaíra and Piatã participated in sessions covering topics such as fauna, flora, water, and environmental preservation, always in a light, accessible, and interactive manner. Native seedlings were also donated, reinforcing community ties and the importance of early awareness.

Looking ahead, Brazil Iron aims to contribute to Bahia’s prominence in the production of green iron—an essential input for the decarbonization of the steel industry. The company’s strategy involves alignment with efficient and conscious mining practices already established in Brazil and internationally. By reaffirming its commitment to sustainable development, the company also extends an invitation to society: that today’s decisions generate positive impacts for future generations.

About Brazil Iron

Brazil Iron is a privately held company focused on developing iron ore projects, with the goal of building a world-class integrated operation—from mine to HBI—in the state of Bahia. Its Green Iron Project hosts one of the world’s largest undeveloped high-grade iron ore resources, with 1.7 billion tonnes compliant with the NI 43-101 standard.

With access to renewable energy, proximity to logistics infrastructure, and growing global demand for green steel, Brazil Iron is positioned to become a major supplier of low-carbon premium HBI to international markets.

For more information, visit: www.braziliron.com.br

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Brazil Iron Announces 1.7 Billion Tonne NI 43-101 Resource, Strengthening Foundation for 5 Mtpa HBI Project

Brazil Iron Announces 1.7 Billion Tonne NI 43-101 Resource, Strengthening Foundation for 5 Mtpa HBI Project

  • The volume is more than 24% higher than the 1.37 billion previously verified.
  • Base for more than 20 years of mine life, allowing the production of 5 Mtpa of green iron - HBI.
  • High quality product for direct reduction, suitable for low carbon HBI production.
  • Strategic location in Bahia with access to railways, ports and ample supply of renewable electricity.

Brazil Iron is pleased to report a significant increase in its NI 43-101 compliant Mineral Resource Estimate for its flagship iron ore project, located across the Piatã, Abaíra, and Jussiape Municipalities in Bahia State, Brazil. The total Mineral Resource now stands at 1.7 billion tonnes, up from 1.37 billion tonnes, further reinforcing the company’s plans to develop a fully integrated 5 million tonnes per annum (Mtpa) Hot Briquetted Iron (HBI) operation.

“This latest Mineral Resource update marks a significant milestone for Brazil Iron. The scale and consistency of the deposit continue to impress, providing a solid foundation for one of the world’s most advanced and largest integrated green HBI projects. With 1.7 billion tonnes of iron ore that is suitable for beneficiation into a direct reduction quality pellet feed at 67.5% Fe, we’re well positioned to support over 20 years of premium, low-carbon HBI production and contribute meaningfully to the decarbonisation of the steel industry.”
 — Toby Bodman, Head of Geology, Brazil Iron

Brazil Iron’s project is located within Brazil’s renewable energy corridor, designed to supply the rising demand from European steelmakers for low-carbon iron inputs. The company is uniquely positioned to deliver ESG-aligned, scalable metallics that meet the Oxford Institute for Energy Studies benchmark for bankable decarbonisation.

Independent analysis by the Royal School of Mines at Imperial College London confirms that Brazil Iron is the only green HBI project globally to meet all four Archetype Project criteria outlined by the Oxford Institute for Energy Studies, (i.e. full resource ownership, integrated infrastructure, renewable hydrogen, and world-scale capacity). This distinction enhances bankability and positions the project as a strategic model for industrial decarbonisation in emerging markets.

Less than 3% of the global seaborne iron ore supply meets direct reduction (DR) quality standards, yet demand is accelerating. A 109 Mtpa shortfall in DRI supply is forecast by 2031, driven by the 337 Mtpa of new Electric Arc Furnace (EAF) capacity currently under development. With its DR-grade resource and integrated HBI strategy, Brazil Iron offers a direct solution to the global shift toward low-emission steelmaking.

“I’m extremely pleased with the outstanding work delivered by our geological and technical teams. This resource update reflects both the scale of the opportunity and the disciplined execution behind our growth. Brazil Iron is making exceptional progress, and we remain fully committed to delivering a world-leading, low-carbon HBI platform that supports the steel industry’s transition. It’s a strong endorsement of our strategy and the team’s capability.”
 — Guy Saxton, President, Brazil Iron

About Brazil Iron

Brazil Iron is a private iron ore developer focused on building a world-class integrated mine-to-HBI operation in Bahia State, Brazil. The Company’s flagship Projeto Ferro Verde hosts one of the world’s largest undeveloped high-grade iron ore resources with 1.7 billion tonnes NI 43-101 compliant.

With access to renewable power, proximity to logistics infrastructure, and growing global demand for green steel, Brazil Iron is positioned to become a leading supplier of premium, low-carbon HBI to international markets.

For more information, visit: www.braziliron.com.br

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Brazil Iron Featured in Special Edition of Mineral Magazine

Brazil Iron Featured in Special Edition of Mineral Magazine

Brazil Iron is proud to be featured in the latest special edition of Mineral magazine, which highlights the critical role of strategic minerals in global markets. The publication underscores the importance of Brazil’s mineral sector, with a strong focus on iron ore as the country’s leading mineral by production value.

The article details Brazil Iron’s ambitious plans to develop an integrated iron ore and hot briquetted iron (HBI) project in Bahia. With a total investment budget of USD 5.7 billion, the project includes a mining unit, a pellet feed plant, and an HBI facility with an annual production capacity of 5 million tonnes. Additionally, a pellet feed plant is planned for the Piatã and Abaíra region, along with future green hydrogen production facilities.

Brazil Iron’s inclusion in Mineral magazine reinforces the company’s commitment to driving sustainable mining and steel decarbonization. By investing in value-added processing and renewable energy, Brazil Iron is contributing to the transformation of the global steel industry.

Read the full article in Mineral magazine’s 2025 special edition- [link to Magazine].

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CBPM and Brazil Iron Launch Master’s Program in Mining in Partnership with Imperial College London

CBPM and Brazil Iron Launch Master’s Program in Mining in Partnership with Imperial College London

The Companhia Baiana de Pesquisa Mineral (CBPM), in collaboration with Brazil Iron, Universidade Senai Cimatec, and the renowned Imperial College London, has announced the launch of a Master’s program in Mining. This initiative aims to enhance the qualifications of professionals in the mining sector in Bahia, providing access to top-tier technical and scientific knowledge.

CBPM President Henrique Carballal highlighted the importance of the partnership: "In the next 30 to 40 days, the selection process will be completed, and twenty participants will be chosen for this Master's program, which aims to expand knowledge and foster the development of mining in the state of Bahia. This time, we are bringing in a wealth of scientific expertise from the Old World."

In addition to the Master’s program, a technical course is also in development, certified by Imperial College London, aimed at training workers interested in joining the mining sector. This initiative, also in partnership with Brazil Iron, seeks to meet the growing demand for skilled labor in the state’s expanding mining projects.

The collaboration with Imperial College London positions Bahia at the forefront of the international mining industry, aligning the state with the best practices and technologies available in the sector. CBPM and Brazil Iron reaffirm their commitment to sustainable development and innovation in Bahia’s mining industry.

The course so that it is free and open to candidates from Bahia, which is currently the third-largest mining market in Brazil. The goal is to enhance the local workforce and provide job opportunities for those who complete the course.

For more details, the full article is available here: CBPM anuncia realização de curso em parceria com universidade do Reino Unido Classe Politica • Política com Interatividade

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CBPM and Brazil Iron Strengthen Green Iron Innovation with RWE in Germany

CBPM and Brazil Iron Strengthen Green Iron Innovation with RWE in Germany

On February 17, Companhia Baiana de Pesquisa Mineral (CBPM) and Brazil Iron visited the headquarters of of the German energy company RWE to explore advanced solutions for sustainable mining and green iron production. RWE, a key partner of Brazil Iron, is providing engineering expertise to support the company’s transition to truckless mining systems powered entirely by renewable energy. The German company has successfully implemented this methodology in Europe’s largest open-pit mine, serving as a model for efficient and low-impact operations.

As part of their collaboration, Brazil Iron and RWE are also assessing the feasibility of producing green hydrogen as a reductant in the manufacturing of green iron. Brazil Iron aims to produce Hot Briquetted Iron (HBI), a stable form of Direct Reduced Iron (DRI), which plays a crucial role in the decarbonization of the steel industry. By enabling the shift from coal-fired blast furnaces to electric arc furnaces (EAFs), this initiative supports the global drive toward a low-carbon future.

The delegation included CBPM President Henrique Carballal, Brazil Iron's Vice President of Institutional Relations Emerson Souza, Special Projects Manager Chris Saxton, and RWE TI’s Head of Mining, Arie-Johann Heiertz.

Carballal emphasized the importance of this strategic partnership: "The collaboration between CBPM, Brazil Iron, and RWE represents a significant step forward for sustainable mining in Bahia. By aligning with cutting-edge environmental practices, we are not only reducing our footprint but also driving economic and social progress in the region."

He further highlighted Bahia’s potential as a global leader in sustainable iron production:
"Brazil Iron’s green iron project has the power to position Bahia at the forefront of the global transition to low-carbon steelmaking. This initiative directly supports the commitments of our governor, Jerônimo Rodrigues, in shaping a greener and more sustainable future for our state."

This visit underscores Brazil Iron’s commitment to pioneering innovative and environmentally responsible mining solutions, reinforcing Bahia’s role in the global green steel supply chain.

For more details, read the full article here: Ferro verde na Bahia: CBPM e Brazil Iron buscam inovação em visita à RWE na Alemanha

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Brazil Iron Highlights Bahia’s Strategic Role in Green Iron and Energy Transition at II CBPM Forum

Brazil Iron Highlights Bahia’s Strategic Role in Green Iron and Energy Transition at II CBPM Forum

Brazil Iron participated in the II CBPM Mining & Sustainability Forum, where industry leaders, government officials, and experts gathered to discuss the role of mining in the global energy transition. The event, organized by the Companhia Baiana de Pesquisa Mineral (CBPM), underscored the importance of sustainable mining practices and Bahia’s unique position in supplying critical minerals and green iron to the global market.

Vice President of Institutional Relations, Emerson Souza, highlighted Bahia’s competitive advantage: “This region is uniquely positioned to lead in the transition to low-carbon iron production, not only because of its world-class mineral reserves but also due to its access to abundant renewable energy.”

The event reinforced strong institutional and government backing for responsible mining. CBPM President Henrique Carballal emphasized that sustainable mining must drive social and economic development: “We are committed to ensuring that mining benefits local communities, fosters economic growth, and aligns with global sustainability standards.”

Key discussions at the forum focused on workforce development, infrastructure, and policy support to maximize Bahia’s potential as a leader in the global green iron supply chain. The Bahia state government reaffirmed its commitment to supporting mining-linked industries, with initiatives aimed at workforce training and value-added processing to strengthen the region’s industrial base.

Brazil Iron remains dedicated to advancing sustainable mining practices and supporting Bahia’s economic growth. As the transition to green iron accelerates, the company is proud to contribute to the responsible development of Brazil’s mineral resources.

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

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.

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Brazil Iron Attends Resourcing Tomorrow Conference in London to Present its  Pioneering Green HBI Project to Partners

Brazil Iron Attends Resourcing Tomorrow Conference in London to Present its  Pioneering Green HBI Project to Partners

At the recent Resourcing Tomorrow Conference held in London from December 3-5, 2024, Brazil Iron showcased its innovative project, which will produce Hot Briquetted Iron (HBI) using the country's extensive renewable energy. This initiative aligns with the global steel industry's imperative to transition from traditional coal-powered blast furnaces to more sustainable Electric Arc Furnaces (EAFs).

The steel industry is a significant contributor to global CO₂ emissions, accounting for 25-30% of all global industrial CO₂ emissions. Traditional blast furnace methods rely heavily on coal, resulting in substantial carbon footprints. In contrast, EAFs, especially when powered by renewable energy and utilizing scrap steel or direct reduced iron (DRI), offer a more environmentally friendly alternative. Brazil Iron will produce HBI, which is a briquetted form of DRI that can be transported safely to customers.

The shift towards EAFs is gaining momentum globally, with 337 million tonnes per annum (mtpa) of EAF capacity under development. However, this transition presents challenges, notably a projected deficit of 109 mtpa of DRI, as highlighted by McKinsey & Company. This shortfall is particularly concerning for regions lacking sufficient renewable energy capacity to produce low-carbon DRI.

Brazil Iron's operations in Bahia are uniquely positioned to address this challenge. With access to an almost 100% renewable electricity grid and world-class iron ore resources suitable for direct reduction, the company is set to become a key player in supplying low-carbon HBI to the global market.

During the conference, Brazil Iron presented its project to strategic partners, emphasising the importance of collaborative efforts in overcoming the looming DRI deficit and advancing the steel industry's decarbonisation goals to meet global climate targets.

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Brazil Iron and CBPM Partner to Advance $5 Billion Green Iron Project in Bahia

Brazil Iron and CBPM Partner to Advance $5 Billion Green Iron Project in Bahia

Brazil Iron has formalized a strategic partnership with the Companhia Baiana de Pesquisa Mineral (CBPM), strengthening its commitment to responsible mining and regional development in Bahia. This collaboration will support the advancement of Brazil Iron’s $5 billion green iron project in Piatã, ensuring that the initiative aligns with the interests of local communities and the state.

CBPM, a state-owned entity with over five decades of geological expertise, will act as a consultant for Brazil Iron, facilitating regulatory processes, supporting community engagement, and ensuring that the project contributes meaningfully to Bahia’s sustainable economic growth. CBPM President Henrique Carballal emphasized the institution’s evolving role: “We are embracing a new philosophy, moving beyond mineral research to actively support the development of mining projects that align with Bahia’s economic and environmental goals.”

The project is expected to generate tens of thousands of direct and indirect jobs and contribute tens of billions in tax revenue, fostering infrastructure, education, and local industry. Emerson Souza, Brazil Iron’s Vice President of Institutional Relations, highlighted the importance of the partnership: “CBPM has provided invaluable insight, helping us refine our approach to ensure that our project delivers not only economic value but also social and environmental benefits.”

This collaboration underscores Brazil Iron’s dedication to responsible mining and sustainable industrial development in Bahia. The company remains committed to working alongside local and state institutions to drive economic progress while upholding the highest standards of environmental and social responsibility.

For more details, the full article is available here: CBPM e Brazil Iron fecham parceria para viabilizar projeto de US$5 bilhões

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13th CAE Meeting

13th CAE Meeting

The Falhado community hosted the 13th meeting of the Mocó Mine Development Monitoring Commission last week. The meeting took place at the Association of Horsemen in that locality, located in the rural area of Piatã.

The Environmental Impact Study and Environmental Impact Report (EIS/EIR) remained the main topic of discussion, and participants were able to gain a better understanding of the important aspects of this environmental protection mechanism. CAE members were able to inquire about the actions that the company has undertaken and will implement regarding this issue. It was also announced that maintenance work will be carried out on the Tabua road, aiming to improve the route.

The next meeting is scheduled for June 14th at the premises of the Community Association of Small and Mini Rural Producers in Bocaina and Tabua.

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Virtual Question and Suggestion Box

Virtual Question and Suggestion Box

News! Another way to connect with us! 👥✉️ Brazil Iron has created the Virtual Question and Suggestion Box as a way to listen and address the concerns of those living in the region!

Now, you can send your questions, doubts, and suggestions quickly and conveniently through our social media channels.

How to send your messages:

  • Message us in our inbox.
  • Use the question feature in our Stories.
  • WhatsApp the Brazil Iron Ombudsman at (77) 98114-8222.

The channels are always open, and the space for questions in our Stories will be available every Tuesday. Send your question or suggestion and share this post so that more people can access these channels.

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Jussiape Chamber

Jussiape Chamber

The City Council of Jussiape received a team from Brazil Iron on Friday, the 19th, for a presentation on the activities carried out in the city. The work is in the research phase and includes the regions of Bicho, Contendas, Palmeiras, Lagoinhas, and Bananeira.

Representatives of the local population were able to gather more information, have their questions answered regarding the company's operations, and learn about all the environmental concerns and actions that are being and will be implemented by the mining company.

Just as we did in person, the company is extremely grateful for the opportunity to showcase its work and establish this partnership with the local public entities. We would like to reiterate that we will always be available whenever there is a need.

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Fauna Survey

Fauna Survey

Brazil Iron recently initiated a fauna survey process in the region. This work, the largest and most comprehensive ever conducted in the area, will encompass the municipalities of Piatã, Abaíra, Jussiape, and Mucugê.

Several cameras that can capture images in extremely low light conditions have been installed in various locations. The equipment features technology that starts recording when movement occurs in the capture area.

This initiative will provide our environmental team with the necessary information to implement measures for protecting and caring for all the species inhabiting the region.

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Seedlings Plantation

Seedlings Plantation

The Brazil Iron Plan for the Recovery of Degraded Areas (PRAD) has surpassed the milestone of two thousand planted seedlings since its implementation. Nearly R$100,000 has been invested in restoring regions that currently lack vegetation and maintaining the preservation of natural resources.

With the acquisition of inputs and substrates to assist in the production of native seedlings from the company's nursery and reforestation efforts, the mining company has been carrying out plantations near the Mocó Mine. All species involved in this reforestation process are carefully selected to achieve ecological succession, conservation, and genetic biodiversity in the area.

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No mining, no mobile

No mining, no mobile

For those who didn't follow our post last week, we are starting a series called Vida sem Minação. The objective is to make people, in general, aware that mining activity is present in several areas of our lives. Some of them we didn't even imagine.

In this first text, let's understand that, without the mining activity, you wouldn't even be reading this information. Let's see:

Iron (Fe) – the most common and most used metal in the manufacture of smartphones (about 20% of the components have iron in their manufacture). It is present in the speakers, microphones and stainless steel housings. Aluminum (x) – in addition to being an option to steel, it is used to manufacture screen glass.

Copper (Cu) – is used abundantly in electrical circuits.

These are just examples of the three most used metals in manufacturing a cell phone, as there are many others. As we said at the beginning, if there were no mining, you would not be able to consult social networks, send messages to friends or call relatives who live far away.

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The First CAE meeting in 2023 takes place on the 25th in Bocaina

The First CAE meeting in 2023 takes place on the 25th in Bocaina

The Monitoring Commission for the Mocó Mine Project will have its first meeting of the year in January. The conference will take place on the 25th Wednesday, at the building of the Community Association of Small and Mini Rural Producers of Bocaina and Tabua (ACPMPRBT). Some subjects are scheduled on the agenda, such as the presentation of Brazil Iron's new Environment manager and the updated air quality monitoring results. The Bebedouro spring recovery project and water quality results with photographic records will also be shown. You can find all the information on CAE meetings on all of Brazil Iron's communication channels.

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Life without mining

Life without mining

You must have already read, heard or witnessed several demonstrations trying to end mining activity. Unfortunately, these groups often convince the press, politicians and ordinary citizens. Nobody explains what would happen to our lives if there were no more iron ore extraction and other raw materials. In the coming weeks, we will bring examples of everyday situations that would permanently change if these activists were successful in their endeavours. Follow the series "Life Without Mining" on Brazil Iron's channels.

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Piatã exceeds 20 thousand inhabitants, according to IBGE

Piatã exceeds 20 thousand inhabitants, according to IBGE

A preview of the 2022 IBGE census released recently points out that the population of Piatã has surpassed the mark of 20 thousand inhabitants. Compared to the 2021 figures, the growth represents around 20%. According to the Institute, the municipality has 20,098 people, against 16,864 registered in the previous year. The advance is one of the largest among Bahian cities. According to figures revealed by the city hall, almost half of this amount comes from the rural area.

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Blue November

Blue November

With the arrival of November, we have the beginning of the Blue November campaign. Brazil Iron supports the cause and will carry out awareness activities throughout the month. The beginning of the activities took place with the employees of the maintenance sector, with clarifications on the subject. In 2011, the Institute launched Blue November in the country, inspired by the Australian Movember movement (Moustache/November, in free translation Mustache/November) and the international campaign Pink October for breast cancer. Even with the constant campaigns of prevention and alert for the accomplishment of tests that can detect prostate cancer at an early stage, many men with advanced age are still reluctant to follow the screening recommendations. Prostate cancer is the most common type among Brazilian men, second only to non-melanoma skin cancer. For the year 2022, Blue November brings back the motto #azultitude, intending to raise awareness among Brazilian men to have an attitude and be protagonists of their health and take care of it in an integral way. Win this fight before it starts. Early diagnosis saves lives. Be the hero of your health.

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Participatory workshop

Participatory workshop

On October 26, a Participatory Workshop was held with the residents of locations around the Mocó Minerário Complex. The objective was to raise the population's real needs and expectations concerning the enterprise and identify the potentialities of these communities. The data collected aims to support the "Program to Support the Development of Rural Productive Activities (PADA)" proposal, which will stimulate sustainable regional social and economic development. The meeting took place on the premises of the school building of the Rio das Conta Community, rural area of Piatã/BA. The members and alternate members of the Undertaking Monitoring Commission (CAE) of Mina Mocó and residents of the AID locations were present, invited by the members of the CAE. In all, the workshop had 28 participants.

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Award-winning Piatã coffee

Award-winning Piatã coffee

Speciality coffee produced by Antonio Rigno de Oliveira Filho at Fazenda Tijuco, champion of the Cup of Excellence 2022, the world's leading quality contest for the product. The 2002 vintage gave the family their fourth title in the competition, following 2009, 2014 and 2015 achievements. With a score of 91.41 points, out of a possible 100, the famous Chapada Diamantina brand won the event held by the Brazilian Association of Specialty Coffees (BSCA) in partnership with the Brazilian Trade and Investment Promotion Agency (ApexBrasil) and Alliance for Coffee Excellence (ACE). Among the top 10, six are from Piatã. The property Sítio Bonilha was in 2nd., Fazenda Gerais in 6th., Fazenda Divino Espírito Santo in 7th., Sítio São Sebastião in 9th. And Sítio Entre Vales in 10th.

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CAE meeting presents results of Air Monitoring

CAE meeting presents results of Air Monitoring

It took place last Wednesday, the 26th, and the 6th. meeting of the Mina Mocó Project Monitoring Commission. The meeting took place in the school building of the Rio das Contas Community and was attended by nominated members and representatives of the localities. On occasion, the results of the Air Quality Monitoring were presented to the assembly, and the scheduling of a guided tour of Brazil Iron's operation was discussed. There was also the collection of data that will subsidize the elaboration of the "Program to Support the Development of Rural Productive Activities", which we will talk about in more detail shortly. In November, instead of being held in one locality, the meeting will take the form of a visit by the titular and alternate members to Mina Mocó. Dates will be confirmed soon.

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Brazil Iron supports October Rosa

Brazil Iron supports October Rosa

Breast cancer occurs from an uncontrollable multiplication of abnormal cells resulting from genetic alterations, which can be hereditary or acquired. There are several types of breast cancer. Some evolve quickly, but most develop favourably when diagnosed and treated promptly. Created in the early 1990s in the United States, the Pink October movement emerged to raise awareness among the population of the importance of early diagnosis, control of breast cancer and protective measures against the disease, which is the type of cancer most common among women in the world and Brazil, after non-melanoma skin cancer. Brazil Iron supports this movement and carries out a series of activities throughout the month to raise awareness among employees and their families. Make your health a priority. A simple tap can save your life!

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Talk to Brazil Iron

Talk to Brazil Iron

Brazil Iron has several channels to communicate with you. We recently launched our new Instagram profile, all to keep you informed of all our activities. By Whatsapp, you can ask your questions and clear your doubts. Message (77) 98114-8222. On Facebook, you can access Brazil Iron Mineração LTDA or by our website www.braziliron.com.br Follow, like and share our channels.

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Direct reduction
grade green iron

Our world-class iron ore deposits (itabirite) will be beneficiated using magnetic separation and flotation at the mine site. The process will produce a 67.5% Fe concentrate using 100% renewable electricity. Currently only 3% of the seaborne iron ore market reaches this high specification direct reduction quality.
The production of direct reduction green pellets and HBI will occur in the port complex using renewable electricity, green hydrogen and bio-methane.

Iron Analysis | Brazil Iron

Find out more about our project

Brazil Iron intend to become the first integrated producer of green pellet feed, pellets and HBI, with net-zero carbon emissions.

Project Overview

Building the world’s first net-zero carbon emission integrated green pellet feed, pellet and HBI operation. 100% renewable energy, green hydrogen and direct reduction iron ore.

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CO2 Emissions

Our goal is to become global leaders in decarbonising the iron and steel industry. We are uniquely positioned to develop a new VRO C02 operation, with all processes and logistics running on…

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Our Directors and Management | Brazil Iron

Our Directors & Management

Our team have extensive experience in the exploration, development, financing and mining of iron ore deposits around the world.

Meet the team