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Working towards a common net-zero goal
North Coal Limited has announced its collaborative partnership with Circulor Limited to establish robust traceability, including dynamic CO2 and environmental, social and governance (ESG) tracking, for its metallurgical coal product (also known as steelmaking coal).
North Coalâs proposed Michel Coal Project is an all-new, modern mine opportunity southeast of Sparwood, that will use proven engineering to protect water and land, while leveraging clean hydroelectricity supply, equipment and operational innovations, plus carbon offsets, to reach a goal of net-zero scope-1 and scope-2 emissions.
The project will also feature unprecedented Indigenous engagement and collaboration, including on progressive reclamation and wildlife protection plans, and on sharing economic benefits with Indigenous communities, North Coal stated in a media release. âNorth Coal is committed to the United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP), and supports Canada and British Columbiaâs adoption of legislative and regulatory frameworks.â
Following a recent joint investigative project with Circulor, North Coal is certain that implementing its solution allows its future market products to transparently demonstrate sustainability performance. This data is increasingly critical to steel manufacturersâ growing imperative to ensure their supply chain has the lowest possible CO2 emissions and other leading ESG performance metrics such as Indigenous engagement and environmental management.
As a proof of concept, Circulorâs solution will be used during North Coalâs development phase stage by tracking met coal samples from its Michel Project to initial offtake customers and through to end-users, such as the construction or automotive sectors. This will be scaled up and made available to all customers once full production begins in 2025.
âWe are very excited to partner with Circulor and support the transition of the steel industryâs value chain to net-zero carbon and the Sustainable Development Goals more broadly. To do that, we first need to demonstrate transparency in where raw materials are coming from and their associated ESG and Indigenous footprint, in order to make transformational improvements. Partnering with Circulor allows us, and our future customers, to do this,â stated Ian Maxwell, North Coalâs CEO.
âWe are delighted to be working with a forward-thinking raw materials supplier such as North Coal. After completing initial traceability work with the company, the expansion downstream will create a lot of value for customers, especially automotive OEMs whom we currently work with, given their net-zero ambitions,â noted Yue Jin Tay, Director of Business Development at Circulor.
Photo submitted by North Coal
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