Vale Signs Agreement with Petrobras to Develop Renewable Diesel and B24 Biofuel

The Brazilian mining company Vale and Petrobras announced Oct. 18 the signing of a strategic-alliance agreement to supply products with a focus on competitiveness and advancing the decarbonization agenda.

This agreement, which reflects the natural evolution of the protocol of intentions signed by the companies in September 2023, establishes conditions for testing and potentially marketing three strategic products: coprocessed diesel with renewable content, natural gas, and bunker fuel with 24 percent renewable content.