Sweden’s H2 Green Steel and mining company Anglo American have signed a memorandum of understanding on low-carbon steelmaking value chains.

Under the MOU, the companies will study and trial the use of iron ore products from Anglo American’s Kumba mines in South Africa and Minas Rio in Brazil as a feedstock for H2 Green Steel’s hydrogen-powered direct reduced iron (DRI) production process.

The companies have said the possibility of using lump iron could complement the iron pellets needed for DRI, which could increase the flexibility of H2 Green Steel’s production process at its plant in Boden, Sweden.

“Our work with H2 Green Steel will focus on exploring ways for premium, responsibly produced iron ore from our operations to be used as feedstock...''

Peter Whitcutt, CEO of Anglo American’s marketing business

“Our work with H2 Green Steel will focus on exploring ways for premium, responsibly produced iron ore from our operations to be used as feedstock in the Boden plant's low-carbon production process, paving the way to a cleaner, greener way to produce steel,” said Peter Whitcutt, CEO of Anglo American’s marketing business.

“Our purpose is to decarbonize 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.''

Luisa Orre, chief procurement officer at H2 Green Steel

Luisa Orre, chief procurement officer at H2 Green Steel, commented, “Our purpose is to decarbonize 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.”

Source: H2 Green View