Vale produces over 350 Million tonnes/year of iron ore The new pilot plant proposed is not even .3% of Vales annual production:
The Tecnored plant in Marab will have an initial annual production capacity of 250,000 tonnes of pig iron, though the company believes output could eventually reach as much as 500,000 tonnes per year. Vale has committed about $345 million in capital for the plant, with start-up planned for 2025.
Vale entire operations however is over 350-400 MILLION tonnes/year which is like 700-800x larger than that new proposed pilot plant. Vale's existing 19 plants will need to retrofit their bio diesel burners..where most including myself believe From all the press releases and interviews, we know Client A is Vale. Pyrogenesis as they have patents for plasma heat application for induration furnaces for iron ore.
https://www.argusmedia.com/en/news/2278454-brazils-vale-lowers-2021-iron-ore-production-estimate
VALE Iron Ore Producer
- $98Billion USD maket cap .
- Biggest iron ore pelletization international producer in the world
- International producer with 19 plants[10 in Brazil, 2 in China, 2 in Oman, 4 JV with BHP Biliton, 1 currently out of operation]
- $2Billion USD earmarked/budgeted specifically to lower Vale's GHG emissions by 33 % in less than 9 years(2030)
- Reduction target of 9.5Million tons of GHG emissions