GravitHy green iron plant, France
Name of the Project
GravitHy green iron plant.
Location
Fos sur Mer, Southern France.
Project Owner/s
GravitHy, comprising EIT InnoEnergy, Engie New Ventures, Forvia, Groupe IDEC, Plug and Primetals Technologies.
Project Description
The project aims to replace old blast furnaces with direct reduced iron (DRI) produced from green and low-carbon hydrogen, combined with electric arc furnaces to produce two-million tons a year of DRI.
The DRI will be used either on site as a feedstock for green steel or traded globally under the form of hot-briquetted iron. This directly contributes to the decarbonisation of the hard-to-abate value chain of steelmaking and supports the European Union’s ambition of carbon neutrality by 2050.
Potential Job Creation
The project is expected to create more than 3 000 direct and indirect jobs for the region.
Capital Expenditure
The project is expected to mobilise €2.2-billion of initial investment.
Planned Start/End Date
Construction is expected to start in 2024. The company aims for the plant to be fully operational by 2027, subject to the required regulatory approvals.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Inno Energy, tel +31 40 24 06031 or email benelux@innoenergy.com.
New Venture Engie, email newventures@engie.com.
Groupe IDEC, tel +33 1 44 94 94 50.
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