The US Department of Energy (DOE) has confirmed $1bn in funding via the Inflation Reduction Act (IRA) to advance the green steel industry in Mississippi and Ohio.
The DOE’s Office of Clean Energy Demonstrations has unveiled initial award negotiations for the “first hydrogen-ready” iron-making facilities in the US. Negotiations for up to $500m in funding for two projects have now begun.
SSAB will develop a green hydrogen direct reduced iron (DRI) plant in Perry County, Mississippi, in collaboration with Hy Stor Energy and HYBRIT. Whilst Cleveland Cliffs has been selected to convert its blast furnace in Middletown, Ohio, to a hydrogen DRI plant.
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