A critical part of our strategy to reduce our Scope 3 emissions is to help accelerate the decarbonisation of the steel industry through us prioritising the production and sale of premium iron ore, a key component in lower-carbon steelmaking.
Steel remains critical to development and industrialisation, as well as forming the foundation for low-carbon infrastructure. Our premium iron ore operations provide high iron ore content products, with a weighted average Fe content exceeding 65% in products sold during 2024, helping steel producers to minimise emissions while boosting productivity.
Through our customer strategy and focus on product quality, we continue to make progress in reducing the emissions intensity of our iron ore in steelmaking as we focus on sales to lower-emissions steelmakers and steelmaking processes.
