Search Partnering with Bahrain Steel to drive a more sustainable steelmaking industry About us Our stories Partnering with Bahrain Steel to drive a more sustainable steelmaking industry SHARE Back to our stories 21 Oct, 2021 Collaboration is of one our six Anglo American values. When the challenge to solve is as complex as our changing energy landscape – which is driving transformation across all industrial sectors – a collaborative approach to providing essential resources can make all the difference. The steelmaking sector is among those that can benefit from industry players working together. Steel is one of the world’s most widely used materials with numerous applications that span many aspects of our daily lives, from its use in construction, cars and household appliances, to cutlery, piano strings and surgical implants. Steelmaking is also considered one of the most energy-intensive industries in the world, with long-term, mutually beneficial relationships key to tackling this challenge – like the one between Anglo American and Bahrain Steel, a global leader in pelletising. We are working with Bahrain Steel to explore new ways of bringing product to market more efficiently, and recently signed a three-year agreement to convert (toll treat) up to two million tonnes of pellet feed annually from our Minas-Rio mine in Brazil into high quality iron ore pellets. This processed product, to be supplied to steelmakers worldwide, is a significant addition to our high-quality portfolio. The pellets are an important feedstock for direct reduction (DR) steelmaking, a technically-proven, hot production route for direct reduced iron (DRI) which, when paired with an electric arc furnace (EAF), has the lowest CO2 emissions of any commercially-proven steelmaking route. DR steelmaking has an important role to play in addressing the industry’s decarbonisation challenges – in response to changing requirements, evolving emissions regulations and a drive for more sustainable investing, among other factors – while longer-term solutions, such as switching to a hydrogen-based production process, are explored. The pellets can also be used in BF steel making, which today accounts for approximately two-thirds of total steel production. Courtesy of their high iron ore content (66%+), as well as their ability to transfer heat more effectively than other iron-based input materials, the pellets make this process more efficient. Peter Whitcutt, CEO of Anglo American’s Marketing business said: “This is an important milestone for our business, not least because it celebrates the evolution of our long-term relationship with Bahrain Steel as we work to bring new products to market. “The iron and steel sector directly accounts for 2.6 gigatonnes of carbon dioxide (CO2) emissions annually, seven per cent of the global total from the energy system. As countries worldwide seek to stimulate their economies following the prolonged impact of the Covid-19 pandemic, while at the same time reducing their carbon footprints, the availability of steel will be key to those endeavours. “It is therefore a priority for industry players to work together to develop a more sustainable product, and more efficient manufacturing processes. A key starting point is our feed material to the steel industry, with this collaboration representing an important step in that direction.” Minas-Rio, located in the Minas Gerais region of Brazil, is one of the largest iron ore mines in the world. It is rated at an annual output of 26.5 million tonnes. By 2022, 100% of the mine’s power requirements will be met by renewable energy. Discover more about our iron ore business here. Bahrain Steel, located in the Kingdom of Bahrain (Middle East), is a leading producer of high-grade iron-ore pellets. Its twin plants have a combined rated capacity of 12 million tonnes of pellets a year. Discover more about Bahrain Steel at www.bahrainsteel.com.bh. THIS POST HAS BEEN TAGGED WITH SUSTAINABLE DEVELOPMENT SUSTAINABILITY COLLABORATION SUSTAINABLE INVESTING STEELMAKING DECARBONISATION Other stories you might like OUR STORIES UNLOCKING SOUTH AFRICA’S WORLD-CLASS... 8 October 2021 linked in Facebook Twitter e-mail OUR STORIES ANGLO AMERICAN COMMISSIONS FIRST HYDROGEN... 27 August 2021 linked in Facebook Twitter e-mail OUR STORIES THE CIRCULAR ECONOMY AND ANGLO AMERICAN 17 February 2021 linked in Facebook Twitter e-mail Back to our stories 10 Dec 2021 Investor Update Investor calendar Our websites Australia Brazil Chile China Finland Peru South Africa Group Foundation Kumba Iron Ore Platinum Group Metals United Kingdom Sign up for alerts Be notified of any news, reports or updates straight to your email address Sign up and get the latest news Stay in touch Keep up to date on social media or contact us with any other information Facebook LinkedIn Twitter Instagram Flickr Slideshare YouTube Glassdoor Privacy policy Accessibility Terms and conditions Site map Cookie policy Cookies Settings YourVoice UK Modern Slavery Act Copyright © 2021 This site uses first and third party Necessary, Performance and Marketing cookies to enable basic functionality, add personalisation and understand how our site is used, and to show relevant advertisements. 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