Baffinland Iron Mines and German steelmaker ROGESA are strengthening their cooperation by signing a memorandum of understanding (MoU) to further investigate the use of high-grade iron ore from Nunavut, Canada, in low carbon “green” steel production. “We are delighted to continue our long-standing and mutually beneficial relationship with ROGESA. Cooperating with ROGESA in realizing environmentally compatible steel production has been…
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Baffinland, thyssenkrupp tackle emissions in steel value chain
Canadian miner Baffinland Iron Mines has entered a memorandum of understanding (MoU) with thyssenkrupp Steel Europe AG to expedite the development of high-quality feedstock for green and low-carbon steel production. Baffinland’s Nunavut high-grade iron ore will be used in the German steelmaker’s tkH2Steel project where thyssenkrupp’s coal-based blast furnaces will be replaced by hydrogen-based direct reduction modules. The iron produced…
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