๐๏ธ Steel production emits four times more than aviation - now comes fossil-free production
Swedish companies SSAB, LKAB and Vattenfall are together building a plant with the goal of being the first in the world with fossil-free steel as early as 2026. Sweden could reduce its carbon dioxide emissions by 10%.
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The plant is part of the HYBRIT project where hydrogen is to be used to separate the iron from the oxygen, without using coal. The final product will then be iron and water.
The idea is to be able to demonstrate a full-scale production with a capacity of just over a million tonnes of iron per year, ie 20% of LKAB's total processing capacity in Malmberget and almost half of the production capacity of SSAB's blast furnace in Luleรฅ, in the north of Sweden.
Steel production accounts for about nine percent of global emissions of fossil carbon emissions each year. If HYBRIT is successful, it means that Sweden could cut its emissions by 10% and Finland with 7%.
Construction is planned for 2023 and the goal is to start operations by 2025.