Base Metals
SSAB and Fortum explore possibilities for the production of hydrogen-reduced sponge iron in Raahe
SSAB and Fortum are launching a Front-End Engineering Design (FEED) study to explore the possibilities of making hydrogen-reduced sponge iron in SSAB’s…
SSAB and Fortum are launching a Front-End Engineering Design (FEED) study to explore the possibilities of making hydrogen-reduced sponge iron in SSAB’s Raahe steel plant. Raahe, established in 1960, is a 2.6 million tonnes per annum blast furnace and basic oxygen furnace (BOF) steel plant operating in Raahe, Finland; its main products are hot-rolled plate and strip.
Raahe steelworks
SSAB Fossil-free steel is produced using HYBRIT technology, which replaces coal in the iron ore reduction process with hydrogen. (Earlier post.)
The FEED study will explore the possibilities of making fossil-free sponge iron at an industrial-scale in Raahe and of building a hydrogen production plant. The study is scheduled to complete in the first quarter of 2024.
The initiative is a natural continuation to an ongoing joint research project FFS – Towards Fossil-free Steel, which began in February 2021 and is supported by Business Finland.
In January 2022, SSAB’s Board of Directors made a policy decision to transform Nordic strip production and to make it largely carbon dioxide-free in around 2030. During 2022, SSAB made and delivered 500 tonnes of fossil-free steel.
March 2023 saw another important step when SSAB introduced SSAB Zero, a carbon dioxide-free steel based on recycled scrap and made using fossil-free energy. When SSAB converts the Oxelösund mill, it will be able to use a flexible mix of fossil-free sponge iron and scrap as the raw material to produce steel without carbon dioxide emissions, starting in the fourth quarter of 2026.
White House Prepares For “Serious Scrutiny” Of Nippon-US Steel Deal
White House Prepares For "Serious Scrutiny" Of Nippon-US Steel Deal
National Economic Adviser Lael Brainard published a statement Thursday…
How to Apply for FAFSA
Students and families will see a redesigned FAFSA this year. Here’s how to fill it out.
Dolly Varden consolidates Big Bulk copper-gold porphyry by acquiring southern-portion claims – Richard Mills
2023.12.22
Dolly Varden Silver’s (TSXV:DV, OTCQX:DOLLF) stock price shot up 16 cents for a gain of 20% Thursday, after announcing a consolidation of…