Vale expects to begin biodiesel production in 2016

October 22, 2014 |

In Brazil, Vale expects to begin producing biodiesel in 2016 to power their mines as well as locomotives that transport the minerals to market. It’s expected the fuel will be blended at 25%. In total, the company expects to invest $500 million in biodiesel. In 2011, it bought controlling interest of a palm oil biodiesel project in Pará for $173 million.

 

Category: Fuels

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