Anglo American to invest in green steel tech start-ups
Mining company Anglo American has announced plans to invest in start-ups developing technology to cut carbon emissions from steel-making and lower the group’s carbon footprint.
Anglo American, along with EU-funded EIT Raw Materials, has launched a competition to find innovative small companies developing ways to reduce greenhouse gases from the global steel sector, which is responsible for 8% of all CO2 emissions.
“The problems are so huge and manifold that many of the industry players can’t cope with them anymore. On the other side, we really have the means to activate our network,” Bernd Schaefer, managing director of EIT Raw Materials, said.
Read more from Steel Times International
Date posted 03/03/2023
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