Arch Resources Joins ResponsibleSteel
Arch Resources Inc has joined ResponsibleSteelTM, the steel industry's first global not-for-profit multi-stakeholder standard and certification initiative. Arch
Arch Resources Inc has joined ResponsibleSteelTM, the steel industry's first global not-for-profit multi-stakeholder standard and certification initiative. Arch is the first and only US metallurgical coal producer to join the organisation to date. Arch's CEO Paul A Lang said “Arch is committed to playing a vital role in building a sustainable global economy. We view ResponsibleSteel as a valuable forum for collaborating with our steelmaking partners as they endeavour to create a more ESG-compliant value chain, and as they seek to lower and ultimately reduce to zero, the carbon intensity of the steelmaking process.”
Arch believes that a significant amount of new steel will be required in a de-carbonising world, given steel's importance in urbanisation, infrastructure replacement, and the construction of essential de-carbonisation tools such as mass transit systems, wind turbines, and electric vehicles. At the same time, Arch believes that its own high-quality metallurgical products can assist steel producers in achieving incremental reductions in the overall carbon intensity of their manufacturing processes. Metallurgical coal – in combination with iron ore – is an essential input in the production of primary steel.