Construction work for HYBRIT now underway
Magnus Hall and the Prime Minister break the ground.
At the front of the photo, Sweden's Prime Minister Stefan Löfven and Deputy Prime Minister Isabella Lövin.
On the morning of 20 June, the construction work to build the world's first fossil-free steel foundry got underway at SSAB's site in Luleå in north Sweden.
It involves a total investment of 1.4 billion kronor (around 150 million euro), which is mostly financed by the three partner companies in the HYBRIT project, Vattenfall, SSAB and LKAB.
The Swedish Energy Agency has provided the project with a grant of 528 million kronor, which is the largest figure in the agency's history.
Jan Moström, CEO LKAB, Magnus Hall, CEO Vattenfall, Martin Lindqvist, CEO SSAB.
Two plants
Two pilot plants will be erected to develop the globally-unique and pioneering technology. These will be completed in 2020. One of the plants will be used to study the method to manufacture steel using hydrogen gas instead of hard coal. This type of process can lead to major environmental benefits as the current carbon dioxide emissions are replaced by water vapour. Significant amounts of electricity are required to produce the hydrogen gas, and this is where Vattenfall's expertise is needed.
The aim with the second pilot plant is to develop a fossil-free technique that produces iron ore pellets to ensure the entire steel process is as climate smart as possible.
Mårten Görnerup, CEO HYBRIT.
Emulates the commercial process
"Pilot scale testing is necessary to verify the conclusions from small-scale laboratory tests on a larger scale, which emulate the subsequent industrial process. This opens the way to a better understanding of what happens in an interconnected industry system and how we set up an efficient production process. This is a critical step in achieving fossil-free iron manufacturing and its environmental benefits," says Mårten Görnerup, CEO for HYBRIT.
The Swedish Prime Minister Stefan Löfven spoke at the opening ceremony. Deputy Prime Minister Isabella Lövin was also in attendance as were Mårten Görnerup, CEO at HYBRIT, Martin Lindqvist, President and CEO at SSAB, Jan Moström, President and CEO at LKAB and Magnus Hall, President and CEO at Vattenfall.
Facts
HYBRIT (Hydrogen Breakthrough Ironmaking Technology) is a joint venture by the three companies, SSAB, LKAB and Vattenfall, aiming to manufacture the world's first fossil-free ore-based steel. The project was initiated in Spring 2016, and the objective is to have a completely fossil-free process for steel manufacture by 2035.
More information can be found at:
www.hybritdevelopment.com
See also
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"Clear rules, greener future: enabling the needed investments in nature”
The ongoing UN Biodiversity Conference (COP16) is a key opportunity to set clear investment rules and boost funding for nature-based solutions to tackle biodiversity loss and climate change.
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