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Salzgitter, Anglo American Sign MoU For Joint Research To Cut CO2 Footprint Of Steel Production
LONDON (dpa-AFX) - German steel producer Salzgitter AG (SZGPF.PK, SZGPY.PK) announced Wednesday that it has teamed with Anglo American PLC (AAUKY.PK) for joint research and further development of process and supply chains. With the joint research activities, the companies aim to minimize the CO2 footprint of steel production.
Salzgitter s unit Salzgitter Flachstahl GmbH has signed a Memorandum of Understanding or MOU with Anglo American to work together in investigating the optimization of iron ore supplies for direct reduction.
According to the companies, the primary aim of the joint research activities is to minimize the CO2 footprint of steel production. The MOU also covers an examination of the lowest possible CO2 process and Supply chains.
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