In the presence of His Highness Sheikh Hamed bin Zayed Al Nahyan, Member of the Executive Council of the Emirate of Abu Dhabi, and the Prime Minister of Japan, Fumio Kishida, the Abu Dhabi Ports Group and the Emirates Arkan Steel Group have concluded a cooperation agreement with the two Japanese companies, Itoshu Corporation and JFE Steel, to establish a low-carbon iron supply chain development Complex in Kezad Mussafah in Abu Dhabi. The signing took place during the UAE-Japanese Business Forum in Abu Dhabi.
The Complex, which is the first of its kind in Abu Dhabi, aims to produce low-carbon raw materials for use in the steel industry, including hot-strengthened steel and low-carbon iron. This cooperation enables “Emirates Steel Arkan” to meet the growing demand for environmentally friendly steel products and sustainable industrial sector system enhancement in the UAE.
Under the agreement, the signatory parties will develop a common framework for cooperation in logistics requirements and the digital supply chain field for low-carbon iron, in addition to exchanging information and experiences on best practices in the sector. The Abu Dhabi Ports Group will provide the land for the construction of the new plant in Kizad Mussafah, in addition to providing marine and logistical services to supply iron ore to the complex and export low-carbon raw materials to all parts of the world.
The new Complex project is expected to be implemented through several phases, including iron ore pellet factories, direct reduction plants, smelting furnaces and other infrastructure for the project. The project also benefits from Emirates Arkan Steel’s extensive experience in decarbonisation and clean and green energy sources use, including solar energy and hydrogen.
On this occasion, Engineer Saeed Ghumran Al Remeithi, CEO of Emirates Steel Arkan Group, said: “We believe in (Emirates Steel Arkan) the importance of partnerships for the success of our endeavours in producing green steel and stimulating the path of sustainable growth in the UAE, the region and the world. Our efforts, in close cooperation with several stakeholders, such as (Abu Dhabi Ports Group), are in line with our vision to contribute together to achieve the goals of the strategic initiative to achieve climate neutrality by 2050. This complex is tangible evidence of our commitment to achieving sustainable progress.
Al-Remeithi added, “The project is of great strategic importance to the Emirate of Abu Dhabi, as it enhances our industrial capabilities and confirms our commitment to innovation, sustainability and economic diversification. By leveraging the expertise and resources of our partners, we seek to create a world-class complex that provides low-carbon solutions to the global steel industry and sets new standards for quality and environmental protection.”
