Anglo American, Thyssenkrup in venture to decarbonise steel making
By Frank Prenesti
Date: Thursday 20 Oct 2022
(Sharecast News) - Anglo American said it had signed a memorandum of understanding with Thyssenkrupp Steel to collaborate on developing new ways to decarbonise steelmaking.
The collaboration will focus on joint research to accelerate the development of high-quality feedstock for lower carbon steel production, Anglo said on Thursday.
It will use conventional blast furnace and direct reduction iron (DRI) steelmaking - the latter being less carbon intensive which needs iron ore "of a particularly high quality".
Peter Whitcutt, chief executive of Anglo American's marketing business, said: "We are combining the premium physical and chemical qualities of our minerals with Thyssenkrupp Steel's innovative technology to drive more sustainable operations, all the while responding to society's growing expectations for climate-responsible production practices."
Reporting by Frank Prenesti for Sharecast.com
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN