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: https://www.arctictoday.com/arctic_business/🇳🇴-🇫🇮-blastr-green-steel-to-explore-pellet-plant-site-in-norway-to-optimize-integrated-decarbonized-steel-value-chain/
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
2
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: https://www.arctictoday.com/arctic_business/🇸🇪-h2-green-steel-raises-e1-5-billion-in-equity/
Fortescue, ex Fortescue Mining Group is really doing a green push.
Behind paywall. Here is another source:
BHP is scaling up their process:
BHP partners with Hatch to co-design an electric smelting furnace pilot plant, technology that could slash steelmaking emissions by more than 80%.
Est. reading time: 3 minutes
Making “green steel” by electrolysis is already done in small scale in Sweden:
Others are trying to make a breakthrough in “Green steel” production:
How Do You Make Green Steel? In traditional steel manufacturing, oxygen is removed from iron ore to produce pig iron. Then, to create crude steel, the pig iron is alloyed with other metals such as nickel or chromium. Finally, the steel is physically transformed into the desired shape for construction or appliances using steps that require both heating and cooling. These processes require massive amounts of energy, reaching temperatures of 1,000 degrees C or hotter. To hit these temperatures, the manufacturing process relies on burning coal, emitting a large amount of carbon dioxide in the process.
jimrr
October 2, 2023, 4:41pm
7
so instead of using coal it’ll use electricity … (from a coal fired generator) hahaha
1 Like
Ladder
October 6, 2023, 6:33pm
9
Maybe they will use green coal?
I could paint a lump of coal green and sell it for 5 times more
You can paint coal green as much as you want, but when it is converted to coke for steelmaking it will turn dark gray.
No matter how many jokes you can come up, or the number of “old fossils” that would “like to keep things like it was”, development and progress towards a “greener future” will continue.
1 Like
ombugge
October 13, 2023, 6:48pm
11
BODEN H2 Green Steel, which is building a steel plant in Boden in Norrbotten, Sweden, is planning a new steel plant in Quebec, Canada:
Source: 🇸🇪 🇨🇦 H2 Green Steel plans new steel plant in Canada - ArcticToday
If we only required steel alloys for surgical instruments and other very high value small items, go for it. Trying to build a handy sized bulker out of green steel would be prohibitively expensive.
