Build a world-scale plant of ~4 Mtpa green hydrogen-based steel slabs production. The plant will leverage KSA’s low-cost electricity to enable hydrogen-based DRI. The project will commence utilizing 30% green hydrogen for DRI at first, and scale up progressively to use 100% green hydrogen over a period of 5 years
Sector
Mining and Metals
Download Opportunity
Investment Highlights
- Capacity to develop cost-effective renewable energy supply essential
- High carbon emission intensity of 1.85 tons of CO2 per ton
- High risk countries account for >30% of global steel trade