Building|Business|Energy|Iron Ore|Mining|Power|Steel|Technology
Building|Business|Energy|Iron Ore|Mining|Power|Steel|Technology

Vale and Hydnum Steel to study building briquette plant in Spain

9th February 2024

By: Reuters


Font size: - +

RIO DE JANEIRO - Brazilian miner Vale and newcomer Hydnum Steel have signed a memorandum of understanding to study building an iron-ore briquette plant at Hydnum Steel's first factory in Spain, which will be powered by "green" hydrogen.

Hydnum Steel was recently created to be one of the first steelmakers in Europe to operate with non-fossil energy in order to cut emissions of greenhouse gases.

The steel plant, whose majority shareholder is steel technology developer Russula, will instead employ hydrogen made using renewable power.

It is due to produce 1.5-million metric tons of rolled steel in 2026, its first year of operation, and is projected to have an annual capacity of 2.6-million tons from 2030.

"The combination of our innovative, low-carbon briquette with the green steel produced by Hydnum will support our goal of achieving zero emissions in the steelmaking process," said Vale's director of product and business development, Rogerio Nogueira.

In December, the mining company inaugurated its first briquette plant in the Brazilian city of Vitoria, a major step in its strategy to decarbonize and expand its customer base.

Vale makes the briquettes by agglomerating high-quality iron ore at low temperatures.

The product can replace sinter, pellets and granules in blast furnaces and pellets in direct reduction furnaces, potentially reducing CO2 emissions in the steel industry by up to 10%, according to Vale.

Edited by Reuters


Latest Multimedia

Photo of Martin Creamer
On-The-Air (12/04/2024)
Updated 1 hour 3 minutes ago By: Martin Creamer
Electricity outlook for winter
Electricity outlook for winter
Updated 2 hours 8 minutes ago By: Creamer Media Reporter


SBS Tanks
SBS Tanks

SBS® Tanks is a leading provider of innovative water security solutions with offices in Southern Africa, East and West Africa, the USA and an...


Our Easy Access Chute concept was developed to reduce the risks related to liner maintenance. Currently, replacing wear liners require that...


Latest Multimedia

sponsored by

Magazine round up | 12 April 2024
Magazine round up | 12 April 2024
12th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?







sq:0.078 0.138s - 158pq - 2rq
Subscribe Now