H2 Green Steel will buy iron ore from Anglo American
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 feedstock for H2 Green Steel’s direct reduced iron (DRI) production process at its plant in Boden in northern Sweden, where they will produce fossil-free steel.
The possibility of using lump iron could complement the iron pellets needed for DRI, hence increasing flexibility in H2 Green Steel’s production process.
"Collaboration with industry leaders who share a vision for decarbonized steelmaking is central to our commitment to reduce emissions in our value chains. 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 – one of the backbone materials for the roll-out of energy transition infrastructure and for ongoing global socio-economic development“, says Peter Whitcutt, CEO of Anglo American’s Marketing business.
Anglo American is a British listed multinational mining company with headquarters in London. It is a major producer of iron ore.The company has operations in Africa, Asia, Australia, Europe, North America and South America.
"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”, says Luisa Orre, Chief Procurement Officer, H2 Green Steel.
H2 Green Steel was founded in 2020 and is building a factory for fossil-free steel production in Boden in northern Sweden. The founder and largest owner of H2 Green Steel is Vargas Holding, founded by Carl-Erik Lagercrantz and Harald Mix. Vargas is also the founder and one of the major shareholders of battery manufacturer Northvolt. H2 Green Steel is headquartered in Stockholm, Sweden, with its first green steel plant under development in Boden, northern Sweden.
Lennart Håkansson
editor@northswedenbusiness.com
