Under a newly signed memorandum of understanding, the two companies will research ways to optimize Anglo American premium lump ore via the blast furnace route. They’ll also look at using Anglo American ore in the direct reduction route. 

“This agreement is an important component of Anglo American’s approach to collaborating with our customers and helping to shape a greener future for the backbone of global infrastructure — steel. By working together, we can drive towards system-level decarbonization and pave the way for sustainable steelmaking, underpinning the steel industry’s full potential as an enabler of society’s wider economic prosperity and social development,” said Peter Whitcutt, chief executive of Anglo American’s Marketing business.

“Our product portfolio focuses on future-enabling metals and minerals that are critical to the transition to a lower-carbon world. Working with our customers is one of the cornerstones of our efforts to reduce emissions across our entire value chain – the majority of which are associated with the downstream use of our products in steelmaking,” he added.