Published by Todd Bush on September 23, 2022
H2 Green Steel and GreenIron H2 have agreed to collaborate to achieve further emission reduction and increased circularity in H2 Green Steel’s plant in Boden in Northern Sweden.
>> In Other News: Rio Tinto and Shougang Group to Explore Steel Decarbonisation Solutions
GreenIron H2 is a Swedish startup focused on cost-efficient CO2-free reduction of metal oxides to pure metals. Its hydrogen-based CO2-reduction process will be used to recycle iron residuals and waste from H2 Green Steel’s operations. GreenIron H2 will place its furnaces on H2 Green Steel’s site in Boden, where residuals such as oxidized scale and waste materials from the production will be collected and refined with green hydrogen through GreenIron H2’s patented process. The output will be full value metals that can be re-instated in the steelmaking process. Up to 150,000 tonnes of waste and residual will be collected and recycled every year.
"GreenIron has a patented technology and a business model that matches our purpose well. This collaboration is a solid example of two startup companies working together for the good of the planet – one of H2 Green Steel’s five stakeholders," says Henrik Henriksson, CEO of H2 Green Steel.
Both companies share a vision of a fossil-free industry and use renewable electricity and green hydrogen to ensure a low or zero carbon emission-process. The agreement between the two companies aims to set a model steel plant for the future by addressing the circularity of iron materials.
"We are very focused on achieving a rapid transition toward a more climate-friendly industrial structure. At GreenIron, we are proud of the possibility to strengthen Sweden’s position as the global front-runner in fossil-free industry and create new green jobs. To achieve this, collaboration is very important, and we applaud the opportunity to work with an exciting company like H2 Green Steel on this. Together we will make a significant positive climate impact," says Edward Murray, CEO of GreenIron H2 AB.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue ⚡ Energy Department Removes Barriers for American Energy Producers, Unleashing Investment in Domestic Hydrogen 🛳️ MASH Makes Powers First Vessel Trial With Biofuel From a Carbon-...
Inside This Issue 🛢️ Conestoga Energy Completes Drilling of Class VI Carbon Capture & Sequestration Well, Advances Toward EPA Application 🏗️ How Microsoft and Sublime Systems Are Reinventing C...
Inside This Issue 💸 EDF Slams Repeal of 45V Hydrogen Credit, Citing $32Bn in Higher Household Energy Costs and Job Losses 🤝 Johnson Matthey to Sell Blue Hydrogen Business to Honeywell as Part of £...
The U.S. Department of Energy’s (DOE) Hydrogen and Fuel Cell Technologies Office today removed barriers for the American hydrogen industry by updating its 45VH2-GREET modeling tool. The latest vers...
NETL Patents New Process for Extracting Critical Resources from Coal Fly Ash at High Quantities
NETL researchers developed a new process for extracting economically and strategically vital rare earth elements (REE) and critical minerals (CM) from America’s coal fly ash at high quantities and ...
World’s First Plant That Captures CO2 From Air to Make Building Materials Opens
Aggregates produced using CO2 captured by Mission Zero Technologies ‘Direct Air Capture’ technology (Image courtesy of Mission Zero Technologies) A demonstration project that uses direct air captu...
Plug Power’s Georgia Hydrogen Plant Sets U.S. Production Record Using Plug Electrolyzer Technology
April 2025 Marks Industry-Leading Milestone with 300 Metric Tons of Liquid Hydrogen Produced WOODBINE, Ga., -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions, ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.