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Brazil Iron has completed a Feasibility Study based on the following project configuration.
8 mtpa
of green direct reduction grade pellet feed
7.1 mtpa
of green direct reduction pellets
5.0 mtpa
and hot briquetted iron (direct reduced briquetted iron)
The key to decarbonizing steel production is the shift from coal-fired blast furnaces to electric arc furnaces (EAFs), powered by renewable electricity. With the right raw materials, this approach can achieve zero carbon emissions.
EAFs can only be fed with steel scrap and direct reduced iron (DRI). There are 337 mtpa of EAF capacity under development. Deficits in steel scrap and DRI supply are approaching. By 2031, McKinsey Co. estimates the DRI deficit to be 109 mtpa. To deliver the necessary steel sustainably, without emitting CO2 into the atmosphere, a substantial increase in sustainable DRI production is required.
24 Sep 2025
Direct reduction grade green iron
Brazil Iron is currently completing a Feasibility Study based on the following project configuration: 8 mtpa green direct reduction pellet feed, 7 mtpa green.
Our goal is to be a global leader in decarbonizing the steel industry and to be uniquely positioned to develop a net-zero CO2 operation, with all processes and logistics in place.
Our team has extensive experience in the exploration, development, financing and mining of iron ore deposits worldwide.