Meranti Green Steel to receive iron ore supply from Anglo American

Meranti Green Steel is currently working on a new green steel plant in Thailand which includes a DRI, EAF, Hot Strip Mill, and the use of renewable energy and green hydrogen. The supply of essential high-grade iron ore pellet and iron ore lump feed will serve as the primary raw materials for Meranti's Direct Reduced Iron (DRI) operations, with the DRI subsequently being used in Meranti's steel-making processes.

Sebastian Langendorf, chief executive officer of Meranti Green Steel, said, "The collaboration with Anglo American is a great opportunity for Meranti. Not only will it give us further access to high-grade iron ore pellets and a certain amount of premium lump, it will also enable us to work together with a world-class partner on responsible shipping and on advanced digital solutions for the reporting of reduced CO₂ emissions. We share with Anglo American a strong commitment to decarbonization, in the pursuit of Meranti's vision to create a world where development and nature can be in balance. We look forward to our co-operation with Anglo American."

Timo Smit, Anglo American's executive head of marketing of iron ore, said, "With rapidly rising living standards and growing urbanisation, Southeast Asia is set to be a catalyst for steel demand and a key geography for the roll out of the infrastructure needed for ongoing global socio-economic development."

"High-quality, responsibly produced iron ore from our operations can play an important role in enabling and accelerating the adoption of lower carbon steelmaking technologies, and close collaboration with like-minded industry partners is key to our efforts in this space."