Kumba Iron Ore, a subsidiary of Anglo American, is taking steps to reduce its carbon emissions and position itself as a critical player in the decarbonization journey. The South African company is partnering with top steelmakers, including Salzgitter, ThyssenKrupp, Nippon, and Hyundai, to investigate green steelmaking processes, improve blast furnaces, and cut Scope 3 emissions.
Kumba is also working to generate its own solar power from the hot Northern Cape to lower its Scope 2 emissions and exploring the use of green hydrogen to power fuel cell mine trucks to cut its Scope 1 emissions.
The company has set targets for a 30% reduction in greenhouse gas emissions by 2030 and carbon neutrality by 2040, and is committed to achieving these goals.
Kumba’s high-quality iron-ore is suitable for direct reduction iron (DRI) steelmaking, and the company has formed partnerships to investigate optimal green steelmaking processes and improve blast furnace efficiency.
“For DRI steelmaking, the better the quality of the raw material, the lower the emissions, so Kumba is very well placed to play an important role in this green steel transition by virtue of the high quality of our product,” said Kumba Iron Ore executive head marketing and seaborne logistics Timo Smit to Mining Weekly.
The iron ore miner aims to play an important role in the green steel transition and the decarbonization journey by leveraging the quality of its product and committing to reducing its carbon emissions.
Source: Mining Weekly
Image Source: Anglo American Kumbla