EU GREEN STEELMAKING: Hybrit produces hydrogen-reduced sponge iron

The Hybrit initiative - SSAB, LKAB and Vattenfall - has produced the world's first hydrogen-reduced sponge iron at a pilot scale, it said on June 24.

The pilot plant in Lule??, Sweden has completed the test production of sponge iron and demonstrated that it is possible to use fossil-free hydrogen gas to reduce iron ore instead of using coal and coke to remove the oxygen.
The sponge iron production has been continuous and of good quality with 100 tonnes made so far, Hybrit said.
Hydrogen-based reduction is a critical milestone that paves the way for future fossil-free iron and steelmaking as well as a process that eliminates 90% of emissions involved with steelmaking, the initiative said.

It is also...

Monetary-driven precious metals outperform major base metals

Gold stocks hit by plunging equities markets

Gold stocks down as metal and equities momentum fades

Another Kazatomprom guidance announcement shakes uranium price

Major monetary drivers still supporting gold