TOKYO -- Japanese trading house Itochu and Shell are taking a chance at decarbonizing iron mines and steel mills in Brazil, a rare attempt to reduce carbon emissions in the upstream sector that could help green the carbon-heavy steel sector.
Climate Change
Itochu ties up with Shell to bring green tech to Brazil mines
Japan trading house, British oil major sign MOU with Brazilian steelmaker CSN
Itochu and Shell are teaming up with a Brazilian conglomerate to try to clean up the mining industry, which currently accounts for about 30% of the world's CO2 emissions. (Source photos by Reuters)
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