- Steel production is highly greenhouse gas-intensive, making up between 7% to 9% of annual global emissions; reducing its environmental impact is technologically and economically challenging.
- The need to decarbonise is driving innovation in the steel sector, which in turn is reshaping the global value chain for one of its key inputs – iron ore.
- We visited Fortescue Metal Group’s new high-grade iron ore mine in Australia. Here we draw from that experience to discuss how iron ore miners can position themselves to benefit from, and contribute to, the steel sector’s decarbonisation.
Interested in learning more?
Download the full ESG Viewpoint to learn how decarbonising steel is driving innovation in the sector and see our takeaways from our visit to FMG in Australia.