developbc wrote: Tcheck wrote: Sweden’s SSAB AB, with operations from Alabama to Shanghai, partnered with utility Vattenfall AB and miner LKAB to produce the first fossil-free steel by substituting green hydrogen for coal. Deliveries of the clean metal started in August, with customers including Volvo Group, Mercedes-Benz AG and Cargotec Oyj of Finland.
It all starts at LKAB’s mines deep inside the Arctic Circle. The area has one of the richest iron ore deposits in the world, and the raw material has been extracted from there since the late 19th century. The stuff is mixed with additives and rolled into pellets about the size of a marble — but heavier — and then taken by electric train to Lulea, home to the hydrogen-powered Hybrit works.
this is nasty stuff.
better keep an ear to the ground
and watch your investment in pelletization tech
Using the World’s First Green Steel to Make a Dump Truck
PYR CEO commented previously in this regard to similar question..which is downstream blast furnace where Pyrogenesis concentrates iron ore at the source :
"There is absolutely nothing to be concerned about. The Kobe Steel/Vale/Mitsui venture is downstream from us. They are trying to improve/replace the blast furnace process to make steel from the pellets we provide. You see, we concentrate the iron ore at the source and the resultant pellets are then feed into the blast furnace downstream"
PYR CEO Answer to VALE & KOBE Steel/Midrex News
Hello Pete,
Quick question..just read up on some news regarding Vale partnering up with Kobe Steel/Midrex for lowering C02 GHG in the steel making process sounds really big...any concerns for PYR?
https://www.kitco.com/news/2020-07-13/Kobe-Steel-Vale-and-Mitsui-to-work-on-low-CO2-ironmaking.html
https://www.midrex.com/press-release/kobe-steel-vale-and-mitsui-co-to-collaborate-in-low-co2-ironmaking-solutions/
https://www.vale.com/indonesia/EN/aboutvale/news/Pages/vale-informs-on-non-binding-heads-of-agreement-with-kobe-steel-and-mitsui-co.aspx
Thanks for all your incredible work for all the shareholders!
007
Dear 007,
Thanks for posting here again.
I assume what you are asking is should the Kobe Steel/Vale/Mitsui venture to work on low CO2 ironmaking have any success would that effect PyroGenesis’ offering to provide torches to iron ore pelletization.
There is absolutely nothing to be concerned about. The Kobe Steel/Vale/Mitsui venture is downstream from us. They are trying to improve/replace the blast furnace process to make steel from the pellets we provide. You see, we concentrate the iron ore at the source and the resultant pellets are then feed into the blast furnace downstream.
This is all good and underscores the intense pressure the industry is under to address GHG emissions, and the amount of money being dedicated to address this concern. Our patented simple bolt-on-replacement is having a tremendous impact on the GHG reduction strategy of many many such companies.
Hope this helps
Peter