A gigascale green hydrogen plant will be built in northern Sweden as part of €2.5bn plans unveiled today (23rd Feb) to produce fossil-free steel at a leading cost position by 2024.
H2 Green Steel, behind the plans, expects to have an annual production capacity of five million tons of high-quality steel by 2030, produced by a fossil-free manufacturing process targeting large European OEMs.
Set to be located in the in the Boden-Luleå region in northern Sweden, the hydrogen plant will be an integrated part of the steel production facility.
Taking inspiration from the groundbreaking HYBRIT project, H2 Green Steel said it looks forward to close collaboration with the HYBRIT founders, SSAB, LKAB and Vattenfall, sharing the vision to position Sweden at the forefront of fossil-free steel production.
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