Germany's Metals & Minerals Industry to Invest Carbon Emissions Reduction, an Industrial Info Market Brief

Cement manufacturing and the iron and steel sector are major contributors of carbon-dioxide (CO2) emissions. However, there is an upward trend in the number of companies planning to change that image. The goal of the European Union is to reduce CO2 emissions to zero by 2050.

Heidelberg has entered into a venture and is promising to bring down emissions levels within five years. ThyssenKrupp plans to invest a total of 10 billion euros ($11.2 billion) to transition away from melting coking coal and iron ore to create pig iron. Aurubis AG is investing in technologies to reduce carbon emissions through energy efficiency projects and heat recovery projects.