High-purity iron ore plays a key role in decarbonizing the steel industry and is an essential material in infrastructure design and technologies that will be required to ensure the energy transition. However, the steel industry is facing a major challenge. Every tonne of steel produced emits 2.01 tonnes of CO2, making it one of the most carbon-intensive industries in the world. It alone is responsible for almost 10% of the planet’s greenhouse gas (GHG) emissions.
The steel industry is on the move worldwide. An increasing number of companies are announcing major investments to make the switch to less emissive processes to help produce greener steel.
Thanks to its high-purity iron products and low-emission operations, Quebec Iron Ore (QIO) is positioning itself as a leader in the green steel supply chain. With the commissioning of a second concentrator at the Bloom Lake mine site in 2022, IOQ has doubled production capacity at its facilities, making it possible to extract 15Mtpa of high-purity iron ore concentrate (66.2% Fe).
- Sept 19, 2023
- Eastern Canada
- Minerai de fer Québec