EU GREEN STEELMAKING: Hybrit to build hydrogen storage facility

April 09, 2021 / www.metalbulletin.com / Article Link

Hybrit, the joint venture involving Swedish steelmaker SSAB, iron-ore producer LKAB and power company Vattenfall, will build a hydrogen storage facility as part of its plans for fossil-free steel production, it announced on Wednesday April 7.

Hybrit will build a rock cavern storage facility for fossil-free hydrogen gas next to its pilot facility for direct reduction in Lule??, Sweden.
The investment cost of more than 250 million Swedish Krona ($29 million) will be divided across the companies and the Swedish Energy Agency, which provides support via Industriklivet, the government initiative to promote Sweden's transition to becoming fossil-free by 2045.

The joint venture plans to use hydrogen to replace coal and coke for fossil-free iron and...

Recent News

Several new entrants to TSXV large gold, including producer Asante

November 24, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline, equity market slide

November 24, 2025 / www.canadianminingreport.com

Largest gold producers see strong Q3/25 earnings

November 17, 2025 / www.canadianminingreport.com

Gold stocks jump on gain in metal price

November 17, 2025 / www.canadianminingreport.com

AOCE and WB boost gold targets for 2025 significantly

November 10, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok