Petrobras and Vale have signed a contract for the supply of diesel to the mining company’s operations in the state of Minas Gerais. The agreement involves the supply of S10 diesel produced by Petrobras, with the addition of the mandatory biodiesel blend, currently set at 15%. The contract also provides for opportunities to develop low-carbon businesses, such as the potential purchase and sale of R Diesel (diesel with renewable content) and possible negotiations for the supply of HVO (Hydrotreated Vegetable Oil).

Since 2023, the two companies have been collaborating on business partnerships aimed at developing low-carbon solutions. In 2024, a cooperation agreement was established, including tests of R5 Diesel (5% renewable content in addition to the mandatory 15% biodiesel blend) and bunker fuel with a 24% renewable share.

The commercial partnership with Vale is part of Petrobras’ strategy to strengthen its relationship with end consumers of its products. According to Petrobras CEO Magda Chambriard, “establishing this direct contact allows the company to better understand consumer needs and be more effective in developing solutions that create value for clients and society. By offering high-performance fuels that also contribute to companies’ decarbonization targets, Petrobras enhances its logistics structure and its ability to produce for internationally relevant clients.”

“We are very pleased to strengthen our partnership with Petrobras, which generates value for both companies and for Brazil. This contract consolidates a relationship of trust and creates room for us to jointly explore innovative solutions that contribute to making our operations increasingly efficient and sustainable,” said Vale CEO Gustavo Pimenta. “It is another step that reinforces our long-term vision for the decarbonization of Vale’s operations, leveraging Brazil’s competitive advantage in renewable fuels,” he added.