Bühler GmbHSailors SocietyVan AalstViganPort of South LouisianaTOC Africa 2025
  • Geneva Dry
  • Van Aalst
  • Vigan
  • Cimbria
  • TOC Americas 2025
  • Port of South Louisiana

MoU to study using Rio Tinto iron ore in green steelmaking

MoU to study using Rio Tinto iron ore in green steelmaking

(Posted on 08/06/22)

Rio Tinto and the Salzgitter Group have signed a Memorandum of Understanding (MOU) to work together towards carbon-free steelmaking by studying optimisation of Rio Tinto’s high-quality Canadian and Australian iron ore products for use in Salzgitter’s SALCOS green steel project in Germany.

Under the MOU, Rio Tinto and Salzgitter will explore optimisation of iron ore pellets, lump and fines for use in hydrogen direct reduction steelmaking. The two companies will also explore the potential for greenhouse gas emission certification across the steel value chain.

Rio Tinto produces iron ore pellets and concentrate at Iron Ore Company of Canada and iron ore lump and fines in Western Australia’s Pilbara region. The partnership will focus on the potential use of these products in the SALCOS® - Salzgitter Low CO2 Steelmaking programme, which is targeting virtually carbon-free steel production, starting step-by-step in 2025 using hydrogen direct reduction.

Rio Tinto Chief Commercial Officer Alf Barrios said “We welcome the chance to work with Salzgitter on ways to accelerate green steelmaking, in keeping with our commitment to reduce emissions across the steel value chain.

“Salzgitter has one of the world’s most advanced green steelmaking projects. Rio Tinto is excited at the opportunity of supplying our product and combining our technical expertise with that of Salzgitter to help advance the SALCOS project.”

Salzgitter Flachstahl GmbH Chairman of the Management Board Ulrich Grethe said “With this alliance, we want to combine the knowledge of both companies to make further progress with low-carbon steel production.

“In this context, the Salzgitter Group is relying on strong partners, as set out in our ‘Salzgitter AG 2030’ Group strategy, in line with its motto of ‘Partnering for Circular Solutions’.”

Rio Tinto is committed to reaching net zero emissions by 2050 and is targeting a 15% reduction in Scope 1 & 2 emissions by 2025 (from a 2018 baseline) and a 50% reduction by 2030. Rio Tinto’s approach to addressing Scope 3 emissions is to engage with its customers on climate change and work with them to develop the technologies to decarbonise.

Under the SALCOS program, Salzgitter’s carbon-based blast furnace route will gradually be replaced from the middle of this decade by direct reduction plants, initially operated by natural gas and then with a steadily increasing proportion of hydrogen.

Latest News

Metso expansion in Antofagasta elevates support for Chilean mining

(Posted on 15/08/25)

Metso has completed the expansion of its service centre in Antofagasta, Chile, reinforcing its ability... Read more


Alcoa explores feasibility of gallium critical mineral production in WA

(Posted on 11/08/25)

Alcoa of Australia Limited, a wholly-owned subsidiary of Alcoa Corporation has announced a Joint Development... Read more


Rio Tinto releases new tailings facilities disclosure

(Posted on 11/08/25)

Rio Tinto has published detailed information on its global tailings facilities, in alignment with the... Read more


NGFA applauds Senate confirmation of Lindberg as USDA trade undersecretary

(Posted on 04/08/25)

 The National Grain and Feed Association (NGFA) has commended the U.S. Senate for confirming Luke... Read more


Cargill to acquire Mig-Plus, expanding animal nutrition business in Brazil

(Posted on 04/08/25)

Cargill, one of the world’s leading food providers, continues to advance its growth strategy in... Read more


Resilient financial results as Rio Tinto grows and diversifies

(Posted on 30/07/25)

Rio Tinto has announced a 6% production year-on-year uplift, thereby delivering on strategy through... Read more


K-SURE and Trafigura $200m financing agreement to support Korean shipping

(Posted on 30/07/25)

The Korea Trade Insurance Corporation (K-SURE) and Trafigura, a global leader in the commodities industry... Read more


BHP record copper and iron ore production drives strong 2025 performance

(Posted on 21/07/25)

BHP have released their Operational Review for the year ended 30 June 2025.BHP Chief Executive Officer... Read more


Dynamic Mining shipping arm and GeoServe’s one-year milestone

(Posted on 15/07/25)

A strategic collaboration between Icon Gulf Trading DMCC (part of the Dynamic Group) and GeoServe Energy... Read more


SSAB and Metal Solutions start partnership in fossil-free steel

(Posted on 15/07/25)

SSAB and Metal Solutions have entered a long-term partnership for the supply of decarbonized steel with... Read more


TOC Americas 2025TBA GroupTelestackPort of StocktonCimbriaGeneva Dry
  • Port of Stockton
  • TBA Group
  • Sailors Society

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping