Stegra, a Swedish company, has announced its intentions to establish an iron ore briquettes plant in Brazil that will utilize green hydrogen for sustainable steel production with a reduced carbon footprint. The company is in talks with Vale, a prominent Brazilian iron ore miner, to explore opportunities to enhance their range of products for low-carbon steel manufacturing. Under Stegra's plans, Vale's high-grade iron ore will be processed using green hydrogen and then supplied to steel plants in Europe and Asia. Luiza Orre, Stegra's director, emphasized that Brazil's abundant sources of renewable and cost-effective energy make it an ideal location for producing green hydrogen. Furthermore, the importation of HBI (hot briquetted iron) made from green hydrogen can aid European steelmakers in their decarbonization journey by reducing the need to maintain the complete steel production process domestically. Brazil's northeastern region already hosts operational green hydrogen plants, indicating the country's commitment to sustainable energy practices.