Vale and Caterpillar have signed a new, five-year global framework agreement, to strengthen the collaboration between the two companies. Among the objectives are increased focus on productivity and innovation, including carbon reduction initiatives.
The companies also reaffirmed their commitment made in April 2024 to cooperate towards development of a dual-fuel haul truck, powered by diesel and ethanol. Vale also intends to test a battery electric haul truck and the Cat© Dynamic Energy Transfer System (DET) under development by Caterpillar.
“The framework agreement represents an evolution in our relationship with Caterpillar, amplifying our focus on maximizing the performance of Vale’s assets and allowing us to advance on our decarbonization path in an economically responsible way,” says Marco Braga, Vale’s Procurement Director.
“The agreement with Vale reflects our commitment to developing solutions that support our customers’ operational and sustainability goals,” says Denise Johnson, group president of Caterpillar’s Resource Industries segment.