H2 Green Steel and global leading mining company Anglo American have signed a memorandum of understanding to work together on low carbon steelmaking value chains.
The companies will study and trial the use of premium-quality iron ore products from Anglo American’s Kumba mines in South Africa and Minas-Rio in Brazil, as feedstock for H2 Green Steel’s direct reduced iron (DRI) production process at its plant in Boden in northern Sweden. The possibility of using lump iron could complement the iron pellets needed for DRI, hence increasing flexibility in H2 Green Steel’s production process.
Anglo American has set out an ambition in 2021 to reduce its Scope 3 emissions by 50 percent by 2040. Collaboration with industry leaders is central for the company’s commitment to reduce emissions in its value chain.
Our purpose is to decarbonise hard to abate sectors
“Our purpose is to decarbonise hard to abate sectors, and this is only possible with strong partnerships along the value chain with a true commitment to reducing scope 1, 2 and 3 emissions. We are impressed by Anglo American’s efforts to bring high-quality iron ore products to customers which focus on low carbon iron and steelmaking, and we look forward to continue working with them, not only for our first green hydrogen integrated steel plant in Sweden but for other future locations globally,” says Carl-Erik Lagercrantz, vice chairman of H2 Green Steel.