PRODUCT CARBON FOOTPRINT (PCF)
VULCAN'S PRODUCT CARBON FOOTPRINT
Accounts for all CO2e emissions from cradle-to-gate, as defined by ISO 14067, based on ISO 14040/44 and the GHG Protocol
Includes Scope I, Scope II and Scope III Upstream (Materials & Shipping) – additional information on Scope III Downstream Shipping is available
EPD (Environmental product declaration) can be provided for the entire product portfolio (HRC, CRC, CRNO, etc.)
Is unique due to Vulcan's high value chain integration, allowing for further decarbonization without having to rely on suppliers
Supports our plans to be validated by a leading external certification agency in accordance with ISO 14067
VULCAN GREEN STEEL HAS UNIQUE PREREQUISITES TO PRODUCE THE GREENEST STEEL POSSIBLE.
To be run by 100% renewable electricity, used 24/7 in all process steps
We at Vulcan Green Steel have made sustainability our top priority taking a lead in helping fulfil the global commitments made by COP21 and partnering with Oman in its commitment to reach Net Zero Emissions in 2050.
INDUSTRY IMPACT OF
Steel and aluminium make up about 70% of a car’s weight. Replacing grey aluminium and grey steel in cars with green aluminium and green steel reduces a car’s CO2 emissions by more than 50%.
SECURED SUPPLY & ESG CONTROL THROUGH OWN IRON ORE MINE
- Type of Ore: Magnetite
- Iron Ore prod.: ~20 MTPA ore
- Beneficiation plant: ~7 MTPA
- Start of mining: 2025
- To Port: Truck in the beginning, slurry pipeline to be built
- From Port to Duqm: Bulk Carrier
- Highest health & safety standards will be implemented
- ESG standards aspired