Codelco signs letter of intent to collaborate with ABB on decarbonization
Miner has signed a letter of intent with the Swedish-Swiss technology company to explore a collaboration focused on decarbonizing and automating its operations.
Brazilian miner Vale SA said on Tuesday it has reached a multiannual deal to supply Sweden’s Northvolt with low-carbon nickel products for battery production, as it looks to meet fast-growing demand from the electric vehicle industry.
The deal came after more than two years of talks, Vale said in a securities filing, adding that more cooperation between the companies in multiple areas should be expected in the future. It did not provide further details.
(By Gabriel Araujo)
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