H2 Green Steel sews up €4.2 billion in financing for green steel plant

Image: H2 Green Steel

Swedish steelmaker H2 Green Steel announced the company had signed definitive debt financing agreements for up to €4.2 billion in project financing for the company's upcoming green...

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IIT researchers crack CO2-to-CO method that could help decarbonize industry

India has granted researchers at IIT Bombay a patent for technology that converts CO2 into CO or carbon monoxide, in a process that holds huge potential for carbon capture and ener...

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Brazil's Gerdau to invest $667 mn for sustainable expansion of iron ore mine

Ore from the expansion will be channelled into four steel production units located in the same state as the mine, Gerdau said. Image: Pexels

Brazil's Gerdau SA will invest $667 million in brownfield expansion of its Miguel Burnier iron ore mine. The company said the expansion would be "sustainable" and reduce emissions ...

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Tata Steel to test SMS group decarbonization solution at Jamshedpur

Tata Steel has signed an agreement with Germany's SMS group to collaborate on decarbonization of the steel-making process, the company announced. Under the memorandum of understand...

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Tata Steel conducts Hydrogen gas trial to operate blast furnace for emission reduction

Tata Steel has commenced the trial injection of hydrogen gas using 40 percent of the injection systems in 'E' Blast Furnace at its Jamshedpur steel plant. The company claims t...

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H2 Green Steel and BMW Group sign pact on delivery of CO2-reduced steel

BMW Group and H2 Green Steel have signed a final contract on the delivery of CO2-reduced steel. The agreement addresses BMW Group's upstream scope 3 emissions and includes recyclin...

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Hitachi Energy and H2 Green Steel ink MoU for decarbonization of the steel industry

Hitachi Energy has announced that it has signed a Memorandum of Understanding (MoU) with H2 Green Steel to leverage electrification, digitalization, and hydrogen to support the dec...

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