Kobe Steel, the partner company of Midrex Technologies, has entered into an agreement with iron ore production company Vale S.A. and global trading and investment company Mitsui & Co to collaborate on low CO2 metallics and ironmaking solutions for the global steel industry.

Headquartered in Charlotte, North Carolina, Midrex is a market leader in direct reduction ironmaking (DRI) technology. The CO2 emission level of the MIDREX Process is dramatically lower than the blast furnace route due to the use of both natural gas and hydrogen.

Read more: Midrex: Technology provider of the MIDREX® Process

“We are excited to provide MIDREX® Technology using both natural gas and hydrogen to help steelmakers CO2 emissions and transition from aging blast furnace technology,” said Stephen Montague, President & CEO of Midrex Technologies. 

The MIDREX Process already uses large amounts of hydrogen to produce DRI, but the process can be adapted to operate on almost 100% “green” hydrogen as it becomes economically available.

Climate change is a challenge for which all four companies are committed to help solve. Kobe Steel and Midrex, alongside Vale and Mitsui & Co., will utilise the collective strengths of their products, people, and technologies to drive the initiative and meet the challenge.