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Vale's Verdant Vision Validates Oman's Ore Opportunity

Vale's $5 billion green steel production megahub in Oman represents a transformative investment in sustainable mining operations. The Brazilian conglomerate expects final investment approval in 2026 for the Ducmi special economic zone facility, which will produce environmentally friendly iron ore pellets & hot briquetted iron. Construction completion is scheduled for 2029, serving Middle Eastern steel mills seeking sustainable raw materials while demonstrating how traditional mining companies can embrace environmental responsibility.

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