Decarbonising our operations at IOC
Steel-making currently contributes 8% of global carbon emissions. So at IOC, we’re working to reduce our operational footprint while producing iron ore that helps to reduce emissions as a feedstock for steel production.
At IOC, we produce high-grade, low-impurity iron ore – an essential raw material for new iron-making technologies, including the evolving green steel market.
The way we produce our iron ore also helps decarbonise our operations. IOC operates near hydroelectric power, meaning much of our energy use is renewable. We’re also electrifying our steam generation plant and exploring ways to repower our trucks and trains with more renewable fuel sources.
Research and development are a key part of our race to decarbonise too. We’re trialling a plasma burner in one of our furnaces – the first of its kind, which could help us eliminate heavy fuel oil (bunker-C) from the pelletizing process. Through lab-based trials, we are also researching ways to use cold-bonding technologies, and substituting coke breeze with organic carbon sources and other non-carbon-based fuels. And we’re collaborating with industry partners such as Salzgitter to use green hydrogen to work towards zero-carbon iron production.