Vale to build iron ore briquette plant in Louisiana with $283 million financing from US-January 2024-www.financetom.com

Vale to build iron ore briquette plant in Louisiana with $283 million financing from US

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Vale to build iron ore briquette plant in Louisiana with $283 million financing from US

Dec 11, 2024 1:59 PM

SAO PAULO, Dec 11 (Reuters) - Brazilian miner Vale

will begin the process to build an iron ore briquette

plant in Louisiana after wrapping up talks with the U.S.

Department of Energy for $282.9 million in financing for the

project through 2031, the firm said on Wednesday.

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