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Vale increases investments to reduce emissions from $2 bi to up to $6 billion
Jun, 24, 2021 Posted by Ruth HollardWeek 202126
The mining company Vale plans to invest from 4 billion to 6 billion dollars to reduce emissions by 2030. The previous estimate provided for investments of up to 2 billion dollars, according to a presentation published by the company to the market on Thursday.
The company has developed several initiatives aimed at the environment, sustainability, and governance (ESG), such as the search for energy efficiency, mine and railway electrification, and the search for reducing the use of fossil fuel.
Source: Money Times
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