Green Energy Park Global (GEP) and Vale officially launched Hydrogen Decarbonization Alliance for Steel (HYDEAS) at Hannover Messe 2026, a large scale green iron production platform to be developed in Brazil.
The announcement took place at the partners’ joint booth, positioning HYDEAS as a flagship Brazil–Europe industrial project in the global energy transition.
A new industrial platform
HYDEAS, that is currently under feasibility studies, is designed as a large scale green iron production platform that integrates renewable energy, green hydrogen, and iron ore value chains. The project is based on hydrogen-based direct reduced iron (DRI), enabling green iron production in Brazil and green steelmaking in Europe.
Strategic location
The initial phase of feasibility studies identified the state of Maranhão, in Northeastern Brazil, as the location with the greatest potential to to host the project, based on its unique combination of renewable energy availability, logistics infrastructure, and access to high-quality iron ore.
The state offers existing rail and port infrastructure, significantly reducing project risk and enabling rapid industrial scale-up.
From strategic partnership to feasibility phase
Vale and Green Energy Park (GEP) launched their partnership in October 2024 in Brussels, marking the start of a joint effort to strengthen Brazil-Europe industrial cooperation through hydrogen and iron ore.
This collaboration led to the completion of the Concept Study, confirming the project’s industrial and economic potential.
From concept to feasibility
Following these positive results, the partners are now advancing in a new phase of studies, focusing on engineering, project structuring, and finally financing, marking the transition from concept to a bankable industrial project.
In the future, after the final investment decision, the project will lay the foundation for a new green iron corridor between Brazil and Europe.