Image by Freepik
Vale SA signed a memorandum of intent with Petrobras to collaborate on the development of low-carbon solutions , such as green hydrogen and renewable fuels, as well as CO2 capture technologies. The partnership aims to reduce greenhouse gas emissions, with potential commercial agreements to supply low-carbon fuels to Vale. The initiative lasts two years and aims to boost energy transition in Brazil , in line with commitments to reduce emissions and sustainability.
Partnership that can bring value. As?
This partnership between Vale and Petrobras could potentially positively impact the share price of both companies . Collaboration on low-carbon solutions and the production of sustainable fuels can attract investors looking for companies committed to environmental sustainability.