Vale and BYD have signed a letter of intent to explore the electrification of Vale’s light vehicle fleet.
The study will evaluate the necessary infrastructure for recharging vehicles in Vale’s areas and test electric models like the BYD Dolphin and Shark pickup in operational areas. The initiative aims to reduce the use of fossil fuel-powered cars and contribute to the decarbonization of the mining sector.
Vale Global Procurement Director Marco Braga pointed out that replacing approximately 3,000 passenger and utility vehicles across the board could reduce emissions by up to 10,000 tons of greenhouse gases annually.
Alexandre Baldy, senior vice president of BYD in Brazil, added that the collaboration will help make operations more sustainable.
The initiative supports Vale’s goals of reducing scope 1 and 2 emissions by 33% by 2030 and achieving net-zero emissions by 2050.
Global miner Vale is a top world producer of iron ore and nickel; it also produces copper. BYD is a leader in the commercialization of electric vehicles in Brazil and consolidated in the manufacture of solar energy technology.
Source: Vale