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Australian Fortescue Metals signs deal to develop green iron production plant

Australian Fortescue Metals rolls up its sleeves for the production of green iron.

Australian Fortescue Metals signs deal to develop green iron production plant
The new iron production process at the Voestalpine plant will be developed by Primetals Technologies, a venture involving another Mitsubishi company that will provide electric smelters to help produce cleaner metal for the steelmaking plant.
Fortescue said on Monday that it will supply the new facility with varying grades of iron ore, in addition to providing information on iron ore quality and preparation.
The world's fourth-largest iron ore producer has signed numerous agreements since last year as it tries to transition to a green energy company amid growing calls for decarbonisation.

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