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Vale and Petrobras sign partnership for testing Petrobras renewable content Diesel R5 on mining truck

Oct 18, 2024

Contract Type

partnership

Rio de JaneiroManufacturingEnergyMiningPrecious MetalsMineral

Description

Vale and Petrobras have signed a Strategic Alliance Agreement to supply products with a focus on competitiveness and advancing Vale’s decarbonisation agenda. The agreement includes testing and potentially marketing co-processed diesel with renewable content, natural gas, and bunker with 24% renewable content, as well as collaboration on more competitive models for the supply of natural gas.

Company Information

Company

Vale S.A

Location

Rio de Janeiro, Rio de Janeiro, Brazil

About

Vale S.A. is a Brazilian multinational corporation engaged in metals and mining. It is one of the world's largest producers of iron ore and nickel. Vale operates in a number of countries and is known for its commitment to sustainability and innovation in the mining sector.

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Predictive Intelligence
Strategic

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Agreement Insights

What this usually means
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies

Vale S.A signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.