Under a newly signed memorandum of understanding, the companies said their cooperation will extend to “existing technological solutions that can be implemented jointly at Metinvest’s production facilities, as well as prospective technologies and solutions that may be deployed across the metals and mining supply chain to accelerate Metinvest’s decarbonization journey.”

Areas that they’ll explore include energy efficiency, direct-reduction–based steelmaking, carbon capture and utilization and metallurgical gas utilization.

“As Metinvest continues looking for opportunities and ways to become carbon neutral in the future, we believe that joining efforts with such an experienced technological leader as Primetals Technologies will support the intermediate decarbonization goal and significantly contribute to achieving carbon neutrality with net-zero greenhouse gas emissions,” said Metinvest chief executive Yuriy Ryzhenkov.