Singapore-based steelmaker Meranti Green Steel has announced that it has signed a memorandum of understanding with UK-based miner Anglo American for the purchase of high-grade iron ore pellets and iron ore lumps.
This agreement will support Meranti’s new green steel business in Thailand. The collaboration with Anglo American will bolster Meranti Green Steel’s production capabilities as high-grade iron ore pellet and iron ore lump feed are the primary raw materials for Meranti’s direct reduced iron operations.
“The collaboration with Anglo American is a great opportunity for Meranti. Not only will it give us further access to high-grade iron ore pellets and a certain amount of premium lump, it will also enable us to work together with a world-class partner on responsible shipping and on advanced digital solutions for the reporting of reduced carbon emissions,” Sebastian Langendorf, CEO of Meranti Green Steel, said.
