Steel Mills
ArcelorMittal Partners Up to Pursue Carbon Capture Technology
Written by Becca Moczygemba
October 28, 2022
Steelmaker ArcelorMittal has announced a formal agreement with Mitsubishi Heavy Industries Engineering (MHIENG), BHP, and Mitsubishi Development Pty Ltd. to develop carbon capture technology.
The companies will collaborate on the development of MHIENG’s carbon capture technology and conduct a feasibility and design study prior to implementation, according to a press release posted earlier this month.
ArcelorMittal will conduct one trial at its mill in Ghent, Belgium, and another at an undisclosed site in North America. While ArcelorMittal will provide the facilities for the trial, MHIENG is supplying proprietary technology and engineering studies. BHP and Mitsubishi Development are slated to administer the funding.
The steel industry accounts for approximately 7-9% percent of global greenhouse gas emissions. The International Energy Agency says that steelmakers should increase use of carbon capture technology if they are to obtain net zero emissions.
“There is currently no certain or single pathway to net zero for steelmaking. (Carbon capture) is one of the key abatement technologies with potential to support development of some of those pathways, so working with industry leaders like ArcelorMittal, Mitsubishi Development and MHIENG, we hope to arrive at scalable solutions more quickly to help reduce carbon emissions in steelmaking,” said Vandita Pant, chief commercial officer of BHP.
The Ghent trial will operate in two phases and is expected to run for multiple years.
By Becca Moczygemba, Becca@SteelMarketUpdate.com
Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Mills
AHMSA opens doors to potential buyers as $1.3B asset auction nears
AHMSA is opening its doors to potential buyers to tour its steel plant and mining operations in northern Mexico in preparation for the next stage of its bankruptcy process: the auction of its assets.
USW seeks clarity on USS plans for Granite City Works
The United Steelworkers union has asked U.S. Steel to elaborate on its Granite City Works plans following reports that the steelmaker is ending processing at the facility.
Nucor maintains plate prices, opens October order book
Nucor aims to keep plate prices flat for a seventh straight month with the opening of its October order book.
ArcelorMittal Mexico to import from sister mills as it works to resume DRI production
ArcelorMittal has partially restarted operations at its direct reduction plant in Lazaro Cardenas, Michoacan. An explosion on Aug. 18 rocked the massive steelworks on Mexico’s Pacific coast, impacting production of direct-reduced iron (DRI).
Fall maintenance outages are coming in hot
Labor Day has passed, the sun is starting to set a little earlier each day, and cooler weather has begun to find its way down to many of us across North America. And you know what that means for the steel industry… Fall maintenance outages!