Dig Deep Reducing Global Emissions: A Conversation with Farzad Nader, COO of Red Paramount Iron
In this episode we chat to Farzad Nader, Director and COO of Red Paramount Iron, a Canadian emerging steel feed production company that is fully committed to reducing global emissions by producing zero-emission green steel feed.
With over 25 years industry experience, Farzad is a professional engineer experienced in valuation, optimization, and complete development cycle of greenfield mining projects and expansion of existing mines and facilities. He has been involved in developing multi-billion-dollar mining projects in various locations and early-stage projects with Newmont and Teck Resources. He talks to us about Red Paramount Iron and how they are going to become the world’s leading supplier of green steel.
KEY TAKEAWAYS
- Red Paramount Iron is a Canadian emerging steel feed production company that is fully committed to reducing global emissions by producing zero emissions green steel feed.
- The company has a significant iron ore resource of around 527 million tons with high quality and low impurities, making it suitable for green steel production.
- The project is located in Newfoundland and Labrador, Canada, which offers advantages such as existing infrastructure, access to low-cost electricity, and abundant water sources.
- The company has secured government funding and is in discussions with other investors to raise capital for the project.
- The management team has extensive experience in mining and is supported by a board of advisors with expertise in various areas.
BEST MOMENTS
"Steel production is one of the most pollutant industries. At the moment for every ton of steel that is being produced around 800 kilograms of coal is required."
"The Canadian advantage is two things. All the Canadian iron ore, or majority, 95% of that is located in Newfoundland and Labrador and Quebec."
"We have secured around four million dollars of government funding so far. We are also in discussions with some other investors to bring some additional funds."
"The fact that the process is very easy, the infrastructure is available, we have access to low cost electricity, which brings the development cost much, much lower than developing a mine."
VALUABLE RESOURCES
Mail: rob@mining-international.org
LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/
X: https://twitter.com/MiningRobTyson
YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast
Web: http://www.mining-international.org
https://www.linkedin.com/in/farzadnader/
ABOUT THE HOST
Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.
CONTACT METHOD
https://www.linkedin.com/in/rob-tyson-3a26a68/
Podcast Description
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.