Greetings from Metso Outotec’s Ferrous & Heat Transfer business line!
As the year comes to an end and we gear up for the holidays season, we would like to share a quick recap of our exciting journey in 2022. It has been an amazing year – we furthered our steps towards the decarbonization of iron and steelmaking and continued to expand our product and technology portfolio. We also won several orders across the globe and most importantly, got a chance to meet many of you face-to-face.
Next steps to enable decarbonization of the industry
In 2022, we bolstered our decarbonization journey. We launched NextGen PelletizingTM, a concept that will help the industry decarbonize, providing an 80 to 90% reduction in CO2 emissions. NextGen Pelletizing™ can be implemented fully or in parts to enable the transition to green steel.
Not only this, we also enabled a breakthrough in direct reduction technologies for iron ore fines. Metso Outotec supported Rio Tinto on the development of the BioIronTM project for low-carbon iron making – a process which uses biomass instead of metallurgical coal as a reductant, and microwave energy to convert Pilbara iron ore to metallic iron.
Our team of experts continued to push the boundaries and develop innovative technologies and products that can help lower the emissions, cater to the evolving needs of the industry, as well as help our customers achieve their targets with ease. We would like to mention here:
Ferroflame LowNOxTM burners: Designed using the latest techniques and validated on full-scale operational plant, can reduce NOx emissions by up to 80% compared to traditional burner designs.
Compact-sized Pellet Plant: Caters to the mid-size concentrate producer segment, who were looking for an alternative to the conventional 4m pellet plants.
As a leader in metals processing, we will continue to drive the decarbonization through innovative process technologies and develop novel life cycle solutions to shape a better future for our customers and our planet.
Merry Christmas and best wishes for the New Year for you and your loved ones, and thanks for being our valued customer.
Attaul Ahmad Vice President, Ferrous & Heat Transfer