SSAB, LKAB and Vattenfall to build a globally-unique pilot plant for fossil-free steel
SSAB’s, LKAB’s and Vattenfall’s pre-feasibility study is giving a green light for the fossil-free steel initiative, HYBRIT.
For the first time in 1,000 years, there is an opportunity for a technology shift and, as early as this spring, a globally-unique pilot plant for fossil-free steel is being planned for Northern Sweden.
The planning and designing is expected to cost SEK 20 million and it recently became clear that the Swedish Energy Agency will finance parts of the project.
The initiative could reduce Sweden’s total carbon dioxide emissions by 10% and those in Finland by 7%. The reduction in Sweden has been described as being crucial if Sweden is to be able to meet the goals of the Paris Agreement.