Some time ago there was a thread about fossil free steel mills in Sweden and another about a Green iron ore mine in Kirkenes to go with it:
“Everybody” know it can’t be done, but Sweden is planning the second one:
To go with Green Steel
The Swedes intent to mine Green Iron Ori:
The first deteriorated into a discussion about the Jamestown flood and the other attracted no replies.
Now a Norwegian company wants to set up a pellet plant in Norway (or UK), supplying feedstock to its ultra-low CO2 steel plant being developed in Inkoo, Finland:
Lutelandet looks like a bleak place:
But there are big plans there:
Source: 🇳🇴 🇫🇮 Blastr Green Steel to explore pellet plant site in Norway to optimize integrated decarbonized steel value chain. - ArcticToday
Blastr will work closely with its partners and relevant stakeholders at both Lutelandet and Teesside before making a final site selection, targeted by the end of 2023, and immediately followed by detailed engineering and permitting processes. The final investment decision for the pellet plant is expected in 2025, with estimated investments of over EUR 1 billion, subject to relevant permits and agreements. The target for production to start is in 2027.
ombugge
September 8, 2023, 6:51pm
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H2 GREEN STEEL RAISES €1.5 BILLION IN EQUITY:
H2 Green Steel secures EUR 1.5 billion, equivalent to SEK 18 billion, in funding in the largest capital raising in Europe this year. Investors include Cristina Stenbeck and the Wallenberg family. The capital secures the construction of the new steel plant in Boden in Norrbotten.
A new major investor is Hy24, and new investors include the Second AP Fund and Temasek. Altor, GIC and Just Climate have previously invested in the company and are now also involved, as well as AMF, Cristina Stenbeck, Hitachi Energy, IMAS Foundation, Kinnevik, Schaeffler, Vargas and Wallenberg Investments’ owner company FAM.
Source: 🇸🇪 H2 Green Steel raises €1.5 billion in equity - ArcticToday
