Grassy Mountain Steelmaking

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  What is high-quality metallurgical coal?

  

  What is high-quality metallurgical coal?

  Also known as hard coking coal, met coal can be used to make steel, a basic building block for any economy and critical to the global energy transition.

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  How is steel made?

  

  How is steel made?

  Steel is made using a blast or electric arc furnace.

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  What is a blast furnace?

  

  What is a blast furnace?

  Modern blast furnaces use coke, or purified coal, to melt iron ore. Oxygen is then injected into the furnace to reduce the carbon content of the steel and remove impurities.

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  What is an electric arc furnace?

  

  What is an electric arc furnace?

  Electric arc furnaces, or EAFs, are powered by electricity. EAFs work by passing an electric current through electrodes, creating an arc. This arc gives off significant amounts of heat, which melt the contents of the furnace.

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  What is steel used for?

  

  What is steel used for?

  Steel is the world’s most important engineering and construction material. It is used in every aspect of our lives; in cars and construction products, refrigerators and washing machines, cargo ships and surgical scalpels. It can be recycled repeatedly without loss of property.

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  What is the future of steelmaking?

  

  

  What is the future of steelmaking?

  At present, most steel is produced with the use of blast furnaces. As the world moves to decarbonise, it is expected that by 2050 Electric Arc Furnace steel production will increase substantially. However, a significant portion of steel will still be produced from traditional steelmaking through blast furnace technology.

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  What is the demand outlook?

  

  

  What is the demand outlook?

  Demand for metallurgical coal is expected to rise more than 50 percent by 2050. India will largely drive the increase in demand for metallurgical coal, with the country’s total steelmaking coal imports expected to rise significantly by 2050.

  Continued demand growth in India and Southeast Asia will be a key driver for import demand over the next decade. Combined imports from the region will grow from ~90 Million Tonnes (Mt) today to ~170 Mt in 2040.

  Additional growth is expected from Latin America, Africa, and the Middle East, which combined, will rise from ~20 Mt today to ~50 Mt in the late 2040s.

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  How is steel necessary for ‘net zero’?

  

  How is steel necessary for ‘net zero’?

  The mining industry produces the primary products required for generating, distributing and delivering renewable energy. The first step in the supply chain to create solar panels, wind turbines, and electric vehicle batteries begins with mining companies like Northback.

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  What role will Canada play in this future?

  

  What role will Canada play in this future?

  Canada is home to some of the highest quality metallurgical coal reserves on earth. Canada is the world’s third largest exporter of steel-making coal, after Australia and the United States.

  The energy transitional needs steel and Canada aspires to be a leader in the green energy transition.
  As a leader, it must harness its own natural resources to produce the building block of a renewable future in a jurisdiction with the world’s best environmental laws, workers’ rights and safety.