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 […]
In Brazil, Vale intends to build the world’s largest single processing plant for palm oil. The project, expected to be completed by 2015, will cost upwards of $500m and will cover an area larger than London in a cleared area in the Amazon rainforest. The project will sell the oil to food producers until the […]
In Brazil, mining giants Vale who have taken a keen interest in biofuels in recent years in both Brazil and Africa says it will begin ethanol exports through Terminal Maritímo Ultrafértil at Santos Port, the country’s largest sugar and ethanol export port. Over the next four years, investments of $607.8 million are planned for significant […]
In Mozambique, Brazil’s Vale and Embrapa have announced that they will jointly invest in palm oil production for biodiesel, expecting to produce 6,000-7,000 liters per hectare by 2014. The project will start with 10,000 hectares and work up to 30,000 hectares, producing 500,000 metric tons of biodiesel annually by 2019.
In Brazil, Vale—one of the world’s largest mining companies—is boosting its investment in biodiesel for use in its machinery and trains, with the acquisition of the palm oil producer Biopalma, paying $173.5 million for the remaining 70 percent of the company’s stock. By 2014 it expects to produce 160,000 tons per year from locally produced […]
