Red Paramount Iron
Red Paramount Iron Ltd. is an innovative company focused on addressing global challenges in steel production and mining. With a commitment to sustainability, Red Paramount pioneers' cutting-edge projects to reduce carbon emissions and optimize processes within the steel and mining industries. They aim to meet the ambitious goals of lowering CO2 emissions by 60% by 2050, a key step toward reducing the environmental impact of the steel sector.
Key Products & Services
Produits et services clés
Red Paramount leads the charge toward a greener future. Their innovative solutions target CO2 reductions in steel manufacturing and support the broader goal of minimizing the environmental footprint in heavy industries.
MICA Funded Project Details
Détails du projet financé par MICA
MICA Network has funded Red Paramount Iron project called: "Lac Virot Project Phase 1 and 2 Pilot Plant."
MICA Network has funded Red Paramount Iron project called : “Lac Virot Project Phase 1 and 2 Pilot Plant” The steel industry is directly responsible for 2.6 Gt/a of CO2 emissions, which must be 60% lower by 2050 (i.e., 0.6 tonnes of CO2 per tonne of crude steel compared with 1.4–1.8 at present).