Published On:October 8 2024
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SAIL and BHP Forge MoU to Advance Decarbonization in Steelmaking.

Steel Authority of India Limited (SAIL), a government-owned steel producer, has entered into a Memorandum of Understanding (MoU) with BHP to initiate a collaboration aimed at decarbonizing the steelmaking process. This agreement marks the beginning of an exploration into various strategies to reduce greenhouse gas (GHG) emissions at SAIL's integrated steel plants that utilize Blast Furnaces (BF).

SAIL Chairman Amarendu Prakash expressed enthusiasm for the partnership, stating, “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.”

The initial phases of the project will focus on researching the use of biochar and hydrogen as alternative reductants in the BF, aiming to bolster local research and development capabilities that support the decarbonization process. Both companies emphasize that partnerships will be critical for achieving long-term decarbonization in both the Indian and global steel sectors, alongside the implementation of new technologies and mitigation strategies for blast furnaces.

BHP’s Chief Commercial Officer, Rag Udd, highlighted the importance of collaboration in this initiative, stating, “BHP has a long-established relationship with SAIL, and we are pleased to be extending and strengthening this relationship to explore decarbonization opportunities for the blast furnace route. We recognize that decarbonizing 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 capabilities that could have the potential to create a real change in carbon emissions both now and in the longer term."

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