Posted on 08 Jun 2023
SSAB and Fortum say they will launch a front-end engineering design (FEED) study to explore the possibilities of using hydrogen to produce reduced sponge iron (DRI) at the Raahe mill in Finland, Kallanish learns.
The study will check the technical and commercial feasibility of a 700-megawatt hydrogen production plant. It will also cover partnering and financial structures, as well as operations and safety, Nordic energy company Fortum says.
The companies expect the study to be completed in Q1 2024. The initiative is a continuation of an ongoing joint research project, which began in February 2021 and is supported by Business Finland.
Fortum is also involved in a project with Norway’s Blastr Green Steel, which envisages a DRI plant with an integrated hydrogen production facility in Inkoo, Finland.
SSAB aims to be the first steelmaker in the world to deliver fossil-free steel to the market in 2026. In cooperation with Swedish firms Vattenfall and LKAB, the steelmaker has inaugurated the so-called HYBRIT technology, which uses green hydrogen instead of coal in the ore reduction process, emitting water instead of CO2.
Source:Kallanish
