India and Germany Launch Green Hydrogen Roadmap

Hydrogen H2 Filling Nozzles are plugged into a hydrogen filling station for trucks and cars in Berlin, Germany January 11, 2023. REUTERS/Michele Tantussi/ File Photo
Hydrogen H2 Filling Nozzles are plugged into a hydrogen filling station for trucks and cars in Berlin, Germany January 11, 2023. REUTERS/Michele Tantussi/ File Photo
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India and Germany Launch Green Hydrogen Roadmap

Hydrogen H2 Filling Nozzles are plugged into a hydrogen filling station for trucks and cars in Berlin, Germany January 11, 2023. REUTERS/Michele Tantussi/ File Photo
Hydrogen H2 Filling Nozzles are plugged into a hydrogen filling station for trucks and cars in Berlin, Germany January 11, 2023. REUTERS/Michele Tantussi/ File Photo

Germany and India plan to strengthen their cooperation in the field of hydrogen, which stands as a beacon of hope for clean energy, especially if renewable energy sources are used in its production.
Both countries have signed a green hydrogen roadmap on the research and development of hydrogen on the sidelines of Germany-India government consultations in New Delhi.
“The hydrogen roadmap does not mean that the governments will do everything, rather they have defined various work areas that are now being attended to,” German Economy Minister Robert Habeck said.
“But in the end, scientists, students and businesses must now get on board,” he said, adding that over the longer term, hydrogen had to justify itself on the market.
The German government is planning for hydrogen to generate between 95 and 130 terawatt-hours of power per year by 2030 – equivalent to more than 3 million tons of hydrogen, under the assumption that between 50% and 70% of this will have to be imported.
For its part, India aims to increase hydrogen production capacity to an annual 5 million tons per year by the end of this decade.
The roadmap aims to connect private sector companies, promote cooperation in research and development, and coordinate on legislation. The construction of terminals in India for the export of green ammonia is also to be supported.
The roadmap can be seen as a declaration of intent and does not include specific financing commitments. The two countries have had an energy partnership since 2006.

 



Vale Partners with China’s Jinnan Steel to Build Iron Ore Processing Plant in Oman

The logo of the Brucutu mine owned by Brazilian mining company Vale SA is seen in Sao Goncalo do Rio Abaixo, Brazil February 4, 2019. (Reuters)
The logo of the Brucutu mine owned by Brazilian mining company Vale SA is seen in Sao Goncalo do Rio Abaixo, Brazil February 4, 2019. (Reuters)
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Vale Partners with China’s Jinnan Steel to Build Iron Ore Processing Plant in Oman

The logo of the Brucutu mine owned by Brazilian mining company Vale SA is seen in Sao Goncalo do Rio Abaixo, Brazil February 4, 2019. (Reuters)
The logo of the Brucutu mine owned by Brazilian mining company Vale SA is seen in Sao Goncalo do Rio Abaixo, Brazil February 4, 2019. (Reuters)

Brazilian miner Vale, one of the world's largest iron ore producers, said on Monday it had partnered with China's Jinnan Steel Group to build an iron ore beneficiation plant in Oman to produce high quality pellet.

With the front-end investment exceeding $600 million, the plant, which will be located in Oman's Sohar port and free trade zone, will provide higher quality iron ore for producing pellet and hot briquetted iron (HBI) locally, reducing environmental impact, Vale said in a statement on its WeChat account.

The Sohar plant is scheduled to start commissioning in mid-2027, processing 18 million metric tons of iron ore annually to produce 12.6 million tons of high grade concentrate, it said.

"We are strengthening our capability to meet rising global demand for high grade iron ore and further expand our exposure in the Middle East region," said Gustavo Pimenta, chief executive officer (CEO) at Vale.

Vale will invest $227 million for the connection of the beneficiation plant and the pellet and HBI production facility while Jinnan Steel, a private steelmaker headquartered in north China's Shanxi province, will invest about $400 million for the building and the operation of the plant.

Vale did not disclose the equity share held by each party.