Sunya Get smarter about energy transition
  • Home
  • Industry News
  • Newsletter
  • Podcast
  • Contact Us
Sunya
Industry News
October 8, 2024

BHP and SAIL sign MOU to accelerate potential pathways to steel decarbonisation

Newsfeed
BHP and SAIL sign MOU to accelerate potential pathways to steel decarbonisation

07 October 2024

The Steel Authority of India Limited (SAIL), the largest government owned steel producer in India, and leading global resources company, BHP, are collaborating to support steelmaking decarbonisation, following the signing of a Memorandum of Understanding (MoU) between the parties. This collaboration is an important step for SAIL and BHP in promoting lower carbon steelmaking technology pathways for the blast furnace route in India.

Under this MoU, the parties are already exploring a number of workstreams supporting the potential decarbonisation of SAIL’s blast furnace steel plants commencing with an initial study to assess various strategies to reduce greenhouse gas emissions (GHG).

These workstreams will consider the role of alternate reductants for the blast furnace such as hydrogen and biochar use, with a view to also building local research and development capability to support the decarbonisation transition. The deployment of technology and abatements on the blast furnace is critical to progress in decarbonising India’s and the global steel industry, in the mid and long term and partnerships are vital in the approach.

Chairman, SAIL Shri Amarendu Prakash commented, “SAIL is looking forward to this collaboration with BHP in taking a step forward towards engaging in developing sustainable ways to produce steel. The emergent need to align the steel sector with climate commitments is non-negotiable. SAIL is committed to contributing towards tackling the issue of climate change through fostering an innovative future for the steel industry in India.”

This collaboration is an important step for BHP in supporting lower carbon steelmaking technology pathways for the blast furnace route in India as a key growth country for steel, building on our program recently published in BHP’s Climate Transition Action Plan 2024.

BHP’s Chief Commercial Officer, Rag Udd, said: “BHP has a long-established relationship with SAIL, and we are pleased to be extending and strengthening this relationship to explore decarbonisation opportunities for the blast furnace route. We recognise that decarbonising this industry is a challenge that we cannot meet alone, and we must come together to leverage shared expertise and resources, to support the development of technologies and capability that could have the potential to create a real change in carbon emissions both now and in the longer term. “

TAGS: #industrynews
PREVIOUS ARTICLES
Home > Industry News
October 8, 2024

DC BLOX Raises Additional Capital and Secures $265 Million Green Loan

NEXT ARTICLES
Home > Industry News
October 8, 2024

CDPQ and Nuveen Green Capital launch $600mm integrated financing program for sustainable commercial real estate development

Comments are closed.
Related Post
May 29, 2025
Bayswater’s Tejon Treating Expands Midland Basin Gathering
December 4, 2024
Fluor Awarded Contract for Front-End Engineering and
September 17, 2024
Arevon Secures $351 Million Financing Package for
August 19, 2024
Paces raises $11 million Series A to

Recent Posts

  • TPG Rise Climate Acquires Aurora Energy Research from CGE Partners
  • rPlus Energies Secures Over $500 Million in Tax Equity Financing with RBC Community Investments for 800 MW Green River Energy Center
  • HONEYWELL, JOHNSON MATTHEY, GIDARA ENERGY AND SAMSUNG E&A FORM SAF TECHNOLOGY ALLIANCE
  • TAE Technologies Raises $150 Million in Latest Funding Round
  • Ormat Technologies Announces Strategic Leadership Changes

Archives

  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023

Categories

  • Industry News
  • Newsletter
  • Podcast
Scroll To Top
© Copyright 2024 Sunya Technologies Inc.