Tag Archives: ArcelorMittal

K2fly and ArcelorMittal Mining UK agree on resource governance pact

K2fly Limited says ArcelorMittal Mining UK has selected K2fly’s Resource Disclosure and Model Manager solutions, within its Mineral Resource Governance solution area, to support the wider ArcelorMittal group’s reporting obligations as a publicly listed company reporting under US SEC S-K 1300 guidelines.

The five-year agreement with K2fly will generate a total contract value of A$1.9 million ($1.3 million) and represents the first joint sale of K2fly’s Resource Disclosure solution coupled with Model Manager.

Resource Disclosure enables clients to capture the raw resource and reserve data and report to multiple stock exchanges to remain compliant, while Model Manager helps improve governance over resource and reserve data, including meshes, wireframes, triangulations and models, according to K2fly.

The two solutions are set to be used across all 10 mining regions within the ArcelorMittal group, including in Canada, Africa and elsewhere.

Nic Pollock, CEO of K2fly, said: “We are delighted to be able to announce our first contract with ArcelorMittal (Mining UK). We are also thrilled that this is the first joint sale of our K2fly Resource Disclosure Solution coupled with Model Manager. This realises the vision driving the acquisition of Sateva which brought us Model Manager, a very natural fit with our Resource Reporting solution.

“This combination offers our customers a deeper governance and transparency solution and efficiencies around block model management on an enterprise-wide basis. This combination is one of the holy grails of the mining industry, linking the model management and resource disclosure systems.”

In addition to the ArcelorMittal contract win, K2fly recently reported that Mineral Resources Ltd had signed up to use Model Manager and Ore Blocker – a technical assurance module – as part of a three-year contract. This will see the solutions used across MinRes’ iron ore and lithium operations across Australia.

ArcelorMittal contracts Metso Outotec for iron ore processing plant revamp in Mexico

Metso Outotec says it has been awarded a contract to supply key grinding equipment for ArcelorMittal’s Las Truchas 2.3 Mt/y iron ore processing plant revamp project in Mexico.

The value of the order is approximately €17 million ($19 million), to be booked in the Minerals division’s Q4 (December quarter), 2021 orders received.

The order includes two Metso Outotec Premier™ grinding mills with a total installed power of 19 MW. In addition, Metso Outotec will deliver an in-house designed Mill Reline Machine, enabling efficient and safe replacement of the steel and rubber lining systems, an operations-friendly Select™ Ball Feeder and spare parts, the company said.

Andy Lingenfelter, Vice President, Minerals Sales, North and Central America at Metso Outotec, said: “We are pleased to have been chosen for this project. In Mexico, Metso Outotec is a leading grinding mill supplier and is supported by our strong local service and consumables presence.

“With our Planet Positive Premier grinding mills and associated life cycle service offerings, our customer will be able to expand their iron ore production in a safe, efficient and environmentally responsible way in partnership with us.”

ArcelorMittal Mining Canada to add flotation columns at Port-Cartier as part of DRI pellet move

ArcelorMittal Mining Canada is investing in a project using a new flotation system at its Port-Cartier pellet plant in Quebec, Canada, that will allow it to convert its 10 Mt/y pellet production to direct reduced iron (DRI) pellets by the end of 2025.

The announcement was by ArcelorMittal and the Government of Quebec at COP26 in Glasgow, Scotland, this week.

The C$205 million ($165 million) investment, in which the Quebec government will contribute through an electricity rebate of up to C$80 million, will enable the Port-Cartier plant to become one of the world’s largest producers of DRI pellets, the raw material feedstock for ironmaking in a DRI furnace, ArcelorMittal said.

The implementation of the flotation system (see graphic below) will enable a significant reduction of silica in the iron ore pellets, facilitating the production of a very high-quality pellet, according to the company. It will also include new tailings and concentrator thickeners and new additives for the grinding process.

“The project will deliver a direct annual CO2e reduction of approximately 200,000 t at AMMC’s Port-Cartier pellet plant, equivalent to over 20% of the pellet plant’s total annual CO2e emissions,” the company added. This reduction in CO2e emissions will be achieved through a reduction in the energy required during the pelletising process.

A DRI plant uses natural gas to reduce iron ore, resulting in a significant reduction in CO2 emissions compared with coal-based blast furnace ironmaking.

In Hamburg, Germany, ArcelorMittal is trialling replacing natural gas with hydrogen to make DRI, with its industrial-scale pilot project anticipated to be commissioned before the end of 2025.

The DRI installations the company has announced it is developing in Belgium, Canada and Spain are all being constructed to be hydrogen-ready, so as and when green hydrogen is available in sufficient quantities at affordable prices the company can produce DRI with near zero-carbon emissions.

Approximately 250 jobs are expected to be created during the construction phase of the project in Port-Cartier, which is scheduled to be begin mid-2023 and complete before the end of 2025.

Quebec Premier, François Legault, said: “We are positioning our regions at the heart of the green economy of tomorrow. My message to companies looking for a place to reduce their greenhouse gas emissions is come and see us. We’ll help you carry out your projects promptly. Quebec is the best place in the world to invest in the green economy. To build together a greener, more prosperous and prouder Quebec.’’

Aditya Mittal, ArcelorMittal CEO, said: “This project has an important role to play in our efforts to reduce our group’s CO2e emissions intensity by 25% by 2030, and our longer-term ambition to reach net zero by 2050. Not only does it deliver a significant reduction in our emissions at AMMC, but it also expands our ability to produce high-quality DRI pellets, which we will need in significant volumes as we transition to DRI-EAF steelmaking at our steel plants in Canada and Europe.

“I am grateful to Premier Legault and his government for the support it is providing in realising this project. It is the first significant decarbonisation project we have announced for our mining business and fitting that we are able to make this announcement at COP26 as it exemplifies the transformational change we need to deliver this decade as we move towards becoming a carbon-neutral business.”

Mapi Mobwano, CEO, ArcelorMittal Mining Canada, added: “This investment will see us become one of the biggest direct reduction pellet producers in the world, thereby propelling ArcelorMittal Mining Canada into the forefront of mining and steel decarbonisation. From 2025 onwards we will have the capacity to produce 10 Mt of very high-quality iron oxide pellets, with low silica content and high iron density, which will be highly strategic in the years ahead.”

BELAZ partnering up with Canadian company for electric dump truck design

BELAZ is planning to work with a Canadian company to design an electric dump truck, according to a report from Belarus news agency BelTA.

In an interview with BelTA, Director General Piotr Parkhomchik said a document to design the battery-electric vehicle had been drawn up and BELAZ intended to get finance from the Canadian firm. He named the customer as steel and iron ore giant ArcelorMittal.

Parkhomchik also noted that battery longevity represented the main problem in designing such a dump truck, with current available solutions allowing trucks to run for three to four hours. “We need at least eight hours with 20-30 minutes of downtime for recharging,” he told BelTA.

“Mainly electric excavators are used in Russian quarries. Our competitors already make dump trucks powered by batteries for underground mining,” he added.

Harsco receives decade-long extension at ArcelorMittal Tubarao

The metals and minerals division of diversified industrial firm Harsco Corp has won a 10-year extension to its contract with Brazil steel producer ArcelorMittal Tubarao.

The $150 million agreement will include meltshop cleaning, slag handling and crushing, metal recovery, and drop ball services.

Harsco Metals & Minerals Chief Operating Officer Russ Mitchell said: “This agreement is key to maintaining our strong strategic presence in Latin America, and it underpins our commitment to our customer by delivering value and adding solutions with the highest quality and safety standards.”

Tubarao is one of the largest integrated steel mills in Brazil, with an annual production capacity of 7.5 Mt/y.

Harsco says its metals and minerals division is the largest and most comprehensive provider of onsite material processing and environmental services to the global metals industry, with operations at approximately 140 customer sites across more than 30 countries.

It provides customers with economically and environmentally viable solutions for the treatment and reuse of production waste streams, according to the company. It has been particularly successful in providing these services to the steel and aluminium industries.