<p>Russian steel maker MMK and Danieli & C Officine Meccaniche SpA have signed a Memorandum of Understanding, fixing the company's intention to cooperate for decarbonization technologies to reduce and potential termination of emissions of CO2. The Memorandum is valid for five years from the date of signing. The Memorandum notes that the parties are interested in identifying potential technologies, conducting research and introducing decarbonization technologies at MMK, which will increase economic performance and improve the environmental situation due to the absence or reduction of carbon dioxide emissions.</p><p>As part of this cooperation agreement, the parties intend to assess the technical feasibility and commercial feasibility of introducing Danieli decarbonization technologies for blast furnace and steel-making processing at MMK's Magnitogorsk production site. The result of joint work under the Memorandum should be a list of decarbonization projects and initiatives for their possible implementation at MMK.</p>
<p>Russian steel maker MMK and Danieli & C Officine Meccaniche SpA have signed a Memorandum of Understanding, fixing the company's intention to cooperate for decarbonization technologies to reduce and potential termination of emissions of CO2. The Memorandum is valid for five years from the date of signing. The Memorandum notes that the parties are interested in identifying potential technologies, conducting research and introducing decarbonization technologies at MMK, which will increase economic performance and improve the environmental situation due to the absence or reduction of carbon dioxide emissions.</p><p>As part of this cooperation agreement, the parties intend to assess the technical feasibility and commercial feasibility of introducing Danieli decarbonization technologies for blast furnace and steel-making processing at MMK's Magnitogorsk production site. The result of joint work under the Memorandum should be a list of decarbonization projects and initiatives for their possible implementation at MMK.</p>