【SMM Steel】UK's Binding Solutions Partners with Mitsui for Low-Carbon Iron Ore Pellets in Australia

Published: Feb 6, 2026 10:44
【SMM Steel】UK-based company Binding Solutions has reached an agreement with Mitsui Iron Ore Development to produce low-carbon iron ore pellets in Western Australia's Pilbara region. The company's technology significantly reduces energy consumption and CO2 emissions compared to conventional pellet production processes. The partnership will utilize a low-energy cold agglomeration process to transform lower-grade iron ore fines into higher-value pellets. These pellets are suitable for electric arc furnace steelmaking, supporting steelmakers' decarbonization efforts. Binding Solutions has previously conducted industrial trials with producers such as British Steel and aims to build an industrial-scale production plant.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
【SMM Steel】Jubilee restores Roan concentrator operations in Zambia
45 mins ago
【SMM Steel】Jubilee restores Roan concentrator operations in Zambia
Read More
【SMM Steel】Jubilee restores Roan concentrator operations in Zambia
【SMM Steel】Jubilee restores Roan concentrator operations in Zambia
【SMM Steel】Jubilee Metals Group has resumed full capacity at its Roan concentrator in Ndola Zambia targeting monthly run-of-mine throughput of 30000 tonnes following scheduled annual maintenance. Upgrades include an expanded copper oxide flotation circuit designed to boost recovery efficiency by 5% offsetting higher transport costs. Jubilee also commissioned a new fine copper concentrate dewatering facility to manage a stream representing about 25% of Roan's feedstock copper with material transported to its Sable refinery in Kabwe. The company is also evaluating an additional DMS circuit to potentially expand throughput.
45 mins ago
【SMM Steel】Turkey's Kardemir successfully commissions advanced KOCKS RSB line
46 mins ago
【SMM Steel】Turkey's Kardemir successfully commissions advanced KOCKS RSB line
Read More
【SMM Steel】Turkey's Kardemir successfully commissions advanced KOCKS RSB line
【SMM Steel】Turkey's Kardemir successfully commissions advanced KOCKS RSB line
【SMM Steel】Turkish steelmaker Kardemir has achieved initial production on a new-generation KOCKS Reducing & Sizing Block line at its bar and coil rolling mill. The equipment integrated with process optimization and real-time monitoring met targeted tolerance and ovality values. The modernization enables high-speed production of high-value steel grades including SBQ bars 20-105 mm and thick coils 20-56 mm. The investment serves automotive railway machinery and construction industries aiming to expand high-value product capacity and strengthen Kardemir's export competitiveness.
46 mins ago
【SMM Steel】SSAB upgrades Oxelösund plant for commercial steel powder production
47 mins ago
【SMM Steel】SSAB upgrades Oxelösund plant for commercial steel powder production
Read More
【SMM Steel】SSAB upgrades Oxelösund plant for commercial steel powder production
【SMM Steel】SSAB upgrades Oxelösund plant for commercial steel powder production
【SMM Steel】SSAB is expanding its Oxelösund steel powder facility for additive manufacturing to commercial scale in partnership with SMS group. Construction is scheduled to begin in 2026 with production ramping up gradually from Q1 2028 targeting annual capacity of 350 tonnes and creating 20 jobs at full operation. The project serves growing demand from defense automotive and engineering sectors enabling lighter components with less waste and shorter lead times. SSAB's specialized steel powders require no subsequent heat treatment and can replace aluminum as a lightweight material in certain engineering applications.
47 mins ago
【SMM Steel】UK-based company Binding Solutions has reached an agreement - Shanghai Metals Market (SMM)