- Write by:
-
Thursday, March 25, 2021 - 3:11:48 PM
-
756 Visit
-
Print
Mining News Pro - A Swedish joint venture that aims to remove fossil fuels from steelmaking is planning on establishing its first demonstration plant in 2026.
Hybrit, an initiative run by steelmaker SSAB, iron-ore producer LKAB and energy supplier Vattenfall, will locate the factory in the northern Swedish town of Gallivare, according to a statement.
The demonstration plant will initially produce 1.3-million metric tons of fossil-free sponge iron, with a target to expand to 2.7-million tons by 2030, the companies said on Wednesday. That feedstock will be supplied to SSAB, among others, to help make fossil-free steel.
Swedish Prime Minister Stefan Lofven described the announcement as “a huge industrial investment.” It shows “not only the whole of Sweden, but the whole world, that there is hope in climate change,” he said on social media.
SSAB will also explore the prerequisites for converting to fossil-free steel production at its Lulea factory faster than planned under the Hybrit partnership. The company’s target of being the first to market with fossil-free steel remains in place, it said.
Short Link:
https://www.miningnews.ir/En/News/611916
Mining News Pro - The DRI manager of Hormozgan Steel Company's said: According to the plans made in line with the ...
Cleveland-Cliffs Inc. chief executive officer Lourenco Goncalves said he’d consider another bid — with union support — ...
Mining News Pro - CEO of Hormozgan Steel Company said: By using hydrogen in the direct reduction process, Hormozgan ...
Mining News Pro - Chief executive of Mobarakeh Steel, stated: "This year, we achieved good things despite the ...
Mining News Pro - Zob Ahan Isfahan was honored to receive the 8th license to use the standard mark for the ammonium ...
Mining News Pro - Chief executive of Khuzestan Steel Company says that the company is the narrator of the development ...
Iron ore futures prices recouped losses on Thursday, after falling for five straight sessions, helped by the latest ...
Mining News Pro - India may exempt certain steel product imports from quality control requirements to meet domestic ...
Mining News Pro - Japan’s crude steel output is forecast to rise 1.7% year on year in the first three months of 2024 ...
No comments have been posted yet ...