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Vale and BHP may have good chances to be among winners in upcoming ‘green revolution’

RIO DE JANEIRO, BRAZIL - In a world increasingly attentive to ESG (environmental, social and governance practices), the environmental issue has gained strength in debates. However, in the commodities world, the green issue could represent a major challenge for many companies.

During an event organized by Ohmresearch, Managing Director of Tarraco Commodities Solution Gilberto Cardoso pointed out how this change towards environmental focus will affect mining and steel companies, as many of them still have obsolete and highly polluting structures.

He says that the most important aspect is the use of DRI (Direct Reduced Iron), called sponge iron, in steel production . . .

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