Vale, one of the world's largest iron ore producers based in Brazil, said on Friday that it has signed a memorandum of understanding with China Baowu Steel Group Corporation Limited.

BHP has signed a three-year tripartite research collaboration agreement with China's HBIS Group Co Ltd and University of Science and Technology Beijing to support research in low-carbon iron and steel making technologies.

Vale, one of the world's largest iron ore producers based in Brazil, said on Friday that it has signed a memorandum of understanding with China Baowu Steel Group Corporation Limited.

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