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23 Nov
14:06

LKAB to replace pellet sales with carbon-free DRI

Swedish miner LKAB has presented this week its new strategy for the future, to achieve net-zero carbon emissions from its own processes and products by 2045. It plans to replace iron ore pellet with shipments of carbon-free sponge iron to the market. “The market for steel is forecasted to grow by 50 percent by the year 2050,” LKAB observes. “This growth will be achieved by an increase in the upgrading of recycled scrap in electric arc furnaces. T…
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