Liberty Steel signs MoU for hydrogen-based steel making in France – The Economic Times

In a move to bring down carbon emissions, LIBERTY Steel Group, part of metal industry baron Sanjeev Gupta’s GFG Alliance, has signed a Memorandum of Understanding (MoU) with Paul Wurth and SHS – Stahl-Holding-Saar (SHS) to assess the building and operating of an industrial-sized, hydrogen-based steel making plant at Dunkerque in France.

“Our industry needs to reinvent steel production fast, as the need to cut our emissions get ever more pressing against a backdrop of rising global demand for our products and legislative pressure to become carbon neutral,” Sanjeev Gupta, Executive Chairman of GFG Alliance and LIBERTY Steel.

Hydrogen steel making has the potential to solve this issue and we’re determined to collaborate with like-minded partners to it make it happen, Gupta added

As per the company, the plant would be one of the first operations of its type in France.

“The pan-European partnership will work together on a project to incorporate a 2 million tonne Direct Reduced Iron (DRI) plant, with an integrated 1 GW capacity hydrogen electrolysis production unit, next to GFG’s ALVANCE Aluminium Dunkerque site,” the company said in a statement on Monday.

The DRI plant will initially use a mix of hydrogen and natural gas as the reductant to produce DRI and hot-briquetted iron (HBI), before transitioning to using 100% hydrogen once the electrolysis production unit is complete.

The DRI/HBI produced will primarily be used in the electric arc furnace of LIBERTY Ascoval in France but any surplus will be used at LIBERTY’s Ostrava and Galati integrated steelworks as well as the SHS-group’s Dillinger and Saarstahl plants in Germany.

“LIBERTY has been working with Paul Wurth and SHS on the technical and economic viability of the project since early last year,” the media statement said.

Now that initial feasibility work has proved successful the partners have signed a MoU which covers two phases. Phase 1 will improve the accuracy of the project’s commercial and technical feasibility which expected to take around 12 weeks and Phase 2 will deliver the level of detail required (technically and financially) for the effective implementation of the project.

“Between them the partners are strategically focused on developing technology which will allow the steel industry to achieve its ambitious green targets, with LIBERTY undertaking carbon-neutral programmes worldwide as part of its ambition to be carbon neutral by 2030,” the company’s statement said.

Paul Wurth is a Luxembourg-based company, and member of the SMS group, and the SHS-group is dedicated to the goals of the Paris Climate Agreement and is committed to producing iron and steel with a reduced CO2 footprint. The partners will consider using other hydrogen producers as part of the project.

“Together with these technologically advanced partners we are looking forward to exploring the potential for truly carbon neutral steel making, using green hydrogen to help us make GREENSTEEL products.” Gupta said.

“Despite the high hurdle of immense investment and operating costs, Dillinger and Saarstahl are determined to consistently pursue the path to climate neutrality,” said Martin Baues, Member of the Board of Directors for Technology at SHS – Stahl-Holding Saar, Dillinger and Saarstahl.

This partnership represents an important building block on the way to carbon neutral steel production and will help us to further reduce our carbon emissions on the basis of this technology and at the same time gain important experience in the use of hydrogen in steel production, Baues added.

Agencies
“This partnership represents an important building block on the way to carbon neutral steel production.”

This content was originally published here.

Previous Article

One ton a day hydrogen envisaged from 320 MW solar at platinum mine

Next Article

RECORD RENEWABLE ENERGY WASTE IN CALIFORNIA. COULD HYDROGEN BE THE SOLUTION?

Related Posts